Managing Currency Risk in Africa
- Description
- Speakers
- Practical information
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How might your business be exposed to currency volatility, and how should you deal with it? In this webinar, experts of TCX Fund and NABC Strategic Partner, StoneX, will explain the factors driving currency volatility in Africa, as well as the difference between currency risk, liquidity risk and conversion and transfer risk. Taking COVID-19 as an example (an unpredictable external driver); how have different currencies been affected and why? Participants are encouraged to send their questions beforehand to Maloe de Reuver to make sure they are addressed during the session.
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Niels van Duinen, FX Sales Netherlands, StoneX
Raphael Agung, Chief Economist and Head of ALM, NCBA Nairobi
Per van Swaay, Senior Vice President / Structuring & Sales, TCX
Kevin Laryea, Analyst / Trading, TCX
Maloe de Reuver, Programme Manager, NABC (Moderator)
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About TCX FundTCX shields international lenders and their local borrowers in emerging and frontier markets from exchange rate volatility. By swapping hard currency funding into a local currency loan, TCX makes debt financing predictable for the borrower. TCX enables lenders to offer the right product, allowing local counter parties to focus on growing their business rather than managing exchange rate risk.About StoneXStoneX (formerly known as INTL FCStone) is an institutional-grade financial services network that connects companies, organizations, traders and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise.