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 Liquidity: Easing The Corporate Treasurer’s Pain Points James Stirling, Head of Liquidity Product, Absa CIB and Lumnandi Dambuza, Head of Liquidity: Africa Regional Office, Absa CIB, explore the changing demands on corporate treasurers, and the cash management solutions available. Read more RISK MANAGEMENT In the Race for Faster Cross-Border Payments, Speed Is Not the Only Issue International payments are the connective tissue of the global economy – enabling trade, investment, and capital mobility across borders. Yet despite their central role in the financial system, they remain stubbornly expensive and complex, creating real friction in the flow of capital and affecting everything from multinational supply chains to individual remittances. Read more RISK MANAGEMENT The Role of Custody Services in Building Investor Confidence Across Africa Despite a year characterised by economic uncertainty and understandable prudence, investor confidence is returning to Africa, with the continent being hailed as an attractive pivot point for investors reeling from policy shifts in the Global North Read more
