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 MONEY SCHOOL Understanding Banks and the services they offer Money School: Intro to investment with Trevonica Naidoo MONEY SCHOOL The importance of a personal Financial Plan Money School: Intro to investment with Vuyo Nogantshi MONEY SCHOOL Understanding how fuel prices are calculated Money School: Intro to investment with Miyelani Maluleke