🔒 From the FT: SA urged to use forex reserves to tackle growing debt burden
Amia Capital, a London-based hedge fund, proposes SA’s government utilise gains from its central bank’s foreign exchange reserves, suggesting a shift in debt management.
Amia Capital, a London-based hedge fund, proposes SA’s government utilise gains from its central bank’s foreign exchange reserves, suggesting a shift in debt management.
As China’s property giant, Evergrande Group, grapples with a colossal debt restructuring, the global economy watches closely.
A collapse in the Rand and a sharp fall in local asset prices brought the contestants in the R1m Local v Offshore Challenge much closer together.
Arno von Helden is the driver of Standard Bank’s revolutionary in-house fintech called Shyft, a business that’s democratising the foreign exchange market for retail investors.
Magnus Heystek discusses SA Treasury’s sneaky regulation change in reaction to the flood of private capital legally leaving the country.
Forex charges can be a murky minefield, making it difficult to understand exactly what you’re paying for.
As the old year comes to an end and a new one starts, South Africans have a unique opportunity to transfer more offshore than usual.
The habits listed above aren’t all you’ll need to become successful at trading. However, incorporating them into your trading will boost your chances of success.
If you move your money when the exchange rate is strong, you could be much better off than if you made your transfer when the rate was lower.
‘The risk of a rise in currency volatility is something worth considering for investors with overseas exposure, as well as for corporate treasurers’.