The pound has jumped up to its highest level against the dollar since the Brexit vote after a Bank of England (BoE) policymaker signalled a rate rise in the coming months.
For the first time in its 18-year history, the euro will be one-for-one versus Britain’s pound by early next year, according to the US investment bank Morgan Stanley.
It has been more than a year since The Bank of England unveiled the new and improved £5 note.
UK government borrowing rose to £6.9bn last month after the country was forced to pay higher interest on its debt.
Sterling jumped nearly one percent to a three-week high on Wednesday after Mark Carney, governor of the Bank of England (BoE), suggested that interest rates could rise.
The European Central Bank (ECB) is seeking statute changes to grant its governing council greater legal powers over euro clearing after Brexit.
Sterling had an annus horribilis in 2016, but so far 2017 has heralded something of a comeback.
South African president Jacob Zuma’s sacking of his finance minister Pravin Gordhan late last night saw a five percent drop in the value of the rand, the country’s currency.
The pound had an awful year in 2016.
These three things will change the world today.
These things will have an impact on the wider world.