In Lesson 2 of our Know Your Central Bank series, we explore the European Central Bank. Based in Frankfurt, this institution manages the second most traded currency in the world, the euro, and maintains price stability for over 340 million people. Discover how the ECB functions and how its decisions impact Europeans and the global financial markets. Stay tuned for Lesson 3! #FPMarkets #KnowYourCentralBanks #ECB | FP Markets

The Prudential Authority of the Reserve Bank has applied to provisionally liquidate Ithala Bank. It's owned by the KwaZulu-Natal government and operates in rural areas. Treasury is assuring the quarter of a million depositors that their money is safe. But, Independent Analyst, Khaya Sithole, says they will have to jump through some hoops to get the funds out. #DStv403 Click on the link for the full interview: https://www.enca.com/business/high-court-delays-ithala-liquidation-decision | eNCAnews

How have recent changes to prudential limits, which determine how much local asset managers can invest offshore, impacted the rand? In this Coffee Break Commerce podcast Mike Keenan, Head of Fixed Income and Currency Research, takes a look. https://brnw.ch/21wBFf0 #AfricaExpertise | Absa South Africa