poundsterling
The first sterling banknotes featuring Britain's King Charles III will go into circulation in June, the Bank of England has announced. "The portrait of the King will appear on existing designs of all four banknotes (£5, £10, £20 and £50), with no other changes to the existing designs," the bank has said in a statement. The only difference in the design will be the King's image replacing that of his mother Queen Elizabeth II. The initial batches will be sold at auction to raise money for charity. "Members of the public will also be able to exchange a limited value of current or old series notes...
Euronews (English)
Following the release of UK chancellor Kwasi Kwarteng’s so-called mini-budget, the pound crashed to an all-time intraday low of $1.0379 against the dollar on 26 September. Since then, the term ‘shorting the pound’ has been in the headlines. The mini-budget has been described by many financial commentators and politicians as a reckless gamble — prior to the announcement the pound had been at $1.12. Hedge funds have looked to take advantage of the weakness in the currency by betting that it will fall. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor...
ValueWalk
“After a show of strength over recent months, the pound wobbled on the eve of the G7 summit, and although it’s likely to avoid a precipice, issues being debated at the top of the Cornish cliffs this weekend, risk another decline. Q1 2021 hedge fund letters, conferences and more The British Pound WobblesWhile sausages are highly unlikely to be on the fine dining menu G7 leaders sit down to, they have already sparked a high-level trade row and a fresh fall in sterling. The UK stands accused of inflaming tensions by indicating it may refuse to carry out checks on goods like meat between the UK an...
ValueWalk
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