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| HKMA says has confidence in local currency's peg to US dollar As the former British colony pegs its currency to the dollar, its money market rates should mirror those of its U.S. counterpart, but the gap has now widened to more than 132 basis points since the Federal Reserve started raising interest rates from ultra-low levels adopted during the 2008 financial crisis.
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| ATM cash crunch Live: RBI and Govt mismanaged currency distribution, says Yashwant Sinha RBI and Govt mismanaged currency distribution, says Yashwant Sinha. Commenting on the recent unavailability of cash across India, Yashwant Sinha, senior BJP leader, said the main reason for the crunch was poor distribution and poor currency management. In an interview with CNBC-TV18, Sinha ...
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| Lake District Opts Out of Currency Union The Lake District Pound designs have been revealed ahead of their launch next month, with headline local stars Beatrix Potter, William Wordsworth and the hilltop's friend Alfred Wainwright featuring on the hyper-local new currency. It'll be spendable in any shops in the Lakes and Cumbria that have ...
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