Search Results for: British pound sterling

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 bazične točke (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority…

Near Protocol podpira Tether USDT, Stablecoin zdaj gostuje na 14 Blockchain omrežja

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V ponedeljek, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market…

IMF Bailout Could Be in UK’s Future, Says Strategist

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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. Poleg tega, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst…

Indija prehiti Združeno kraljestvo kot 5. največje gospodarstvo na svetu glede na podatke IMF

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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 (IMF) shows. Indija’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

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While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% od $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 milijonov. Since November 2021, the number of euro stablecoins swelled by…