Search Results for: UK pound

Binance Reportedly Removes Restrictions on Russian Users

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Le monde’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on…

Signaler: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

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The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange…

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes

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Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support…

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

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On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 points de base (points de base). The increase brings the United Kingdom’s main lending rate to 3%, after a majority…

Signaler: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure

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Selon un rapport, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident….

Les stratèges FX de Citi disent que l'euro pourrait couler $0.86 si la tourmente macro continue

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While the euro has found support between 0.96 à 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

Signaler: Le négociant en or britannique a vendu ses lingots après que la chute record de la livre ait fait monter en flèche la demande

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The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the…

S&Un rapport mondial P indique que l'UE et le Royaume-Uni sont en récession, Poutine pense que l'Occident est cupide

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Aujourd'hui’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Le renflouement du FMI pourrait être dans l'avenir du Royaume-Uni, Dit le stratège

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Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Le co-fondateur d'Axie Infinity déclare que le jeu Blockchain prévoit de lancer un échange décentralisé, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst…

L'Inde dépasse le Royaume-Uni en tant que 5e économie mondiale selon les données du FMI

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India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain) spectacles. Inde’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…