In this podcast episode, Sharon Constançon, the Chief FX Strategist at CC Currencies, discusses the mature nature of South Africa's corporate forex market, highlighted by its depth and variety of consulting services that surpass typical broker offerings. Sharon, emphasises the market's sophistication due to high interest rates and the volatility of the Rand, which has encouraged proactive risk management strategies among Finance Directors. Historical context is provided, tracing the evolution of the market back to 1988 with the founding of Constançon Currencies, which helped establish a layered market inclusive of advisory and broker services. The discussion also touches on the roles within companies that lead forex risk management, predominantly the finance director or treasury personnel in larger firms.
