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 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 RISK MANAGEMENT Efficient and Secure Cash Management Solutions for Today’s Business Innovative, secure and efficient Collections, Payments, Liquidity Management and Channel solutions that drive efficiencies. Read more Podcasts Rate cuts and rand strength Could long-term trends around interest rate differentials bring a stronger currency our way? Find out in this episode of our Coffee Break Commerce podcast.