Row rect Shape Decorative svg added to bottom 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 Payments White Paper 2025 Africa’s payment landscape is undergoing a profound transformation, driven by digital innovation, regional integration efforts, and evolving geopolitical dynamics. Read more RISK MANAGEMENT The gold standard in digital asset custody Robyn Lawson, Head of Digital Product: Custody at Absa CIB, unpacks the technology underpinning Absa’s new digital asset custody solution, offered in partnership with Ripple. Read more RISK MANAGEMENT The Critical Role of Banks in Unlocking PPP Success Bakang Letshwiti, Head of Public Sector Coverage and Pulana Mokwele, Coverage Banker, Absa CIB, explain how public–private partnerships can be leveraged to overcome South Africa’s infrastructure-funding crisis and unpack the vital role banks play in making those collaborations effective. Read more
