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 Why Africa is Emerging as a Strategic Global Connector Global trade is being reshaped by geopolitics, as supply chains fragment and new alliances redraw the map of commerce. For Africa, this is not just disruption, it’s a strategic opening. Read more RISK MANAGEMENT Why East Africa Is Emerging as Africa’s Trade Growth Engine East Africa, led by Kenya, is emerging as a powerful trade hub driven by infrastructure investment, regional integration and expanding intra-African trade. As a gateway for natural resources, it boasts rare earths, gold, nickel, cobalt, graphite, and other commodities the world needs. Read more RISK MANAGEMENT The New Centre of Market Resilience Sabir Ballim, Head of Transactional Banking FI Sales UK/EU and US, and Mosetsana Mahlafunya, Group Head of Absa Investor Services, explore how custody has progressed, due to the evolution of African markets. Read more