MONEY SMART WEEK SOUTH AFRICA Become more educated about your finances | Foreign Exchange Absa | Corporate and Investment Banking > Insights and Events > Become more educated about your finances | Foreign Exchange Chris Paizis Head: Corporate FXand International Banking SHARE Money Smart Week South Africa is a financial literacy campaign aimed at motivating and empowering all South Africans to become more educated about their finances. Financial literacy is essential for the growth and development of our Nation. Foreign exchange is the act of trading or selling one currency for another. The exchange rate is used to determine how much it will cost you to buy one unit of currency. Chris Paizis from Absa Corporate and Investment Banking unpacks Foreign Exchange breaking down what you need to know about buying and selling currencies. Chris Paizis Head: Corporate FX and International Banking https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT Should you invest in gold? Does gold warrant a place in a diversified investment portfolio? Michael Mgwaba, Head of Exchange Traded Products at Absa CIB, ran the numbers to find a definitive answer to the age-old debate. Read more VIDEO What Motivates and Inspires Women in Banking? The financial services space is a dynamic, challenging and rewarding environment – and women bring unique perspectives to the space. Three of our colleagues from the Absa CIB Global Markets team – Head of Financial Engineering Joanne Hobbs, Head of Structured Trading Zine Misani and XVA Trader Moshabele Modise – share what motivates and inspires them as women in the industry. Read more PUBLIC SECTOR Africa’s mineral wealth must fuel its own factories, not the world’s To escape the trap of raw mineral exports, Africa must build a regionally integrated beneficiation and manufacturing ecosystem, powered by the AfCFTA and a new industrial hub-and-spoke model Read more
