So which one would the pound be able to improve its position against, as a result of the ups and downs and drama produced in the currency markets this week?
Philippine Peso – PHP
The Philippines use the peso as their recognised currency. This is not the only form of the peso that exists in the world, but it is the one that is used by the Philippines and no other country. There are
Mauritius Rupee – MUR
Mauritius uses the Mauritian rupee as its currency. This is represented by the currency code MUR on the currency markets. When you see an amount written down for this currency you will usually see the letters Rs in front of
United Arab Emirates Dirham – AED
The United Arab Emirates is more commonly referred to as the UAE. It is one of the more recent countries to exist in the world, having been created in 1971. Seven emirates are included in the United Arab Emirates, and
Bangladesh Taka – BDT
The people of Bangladesh use the taka as their official currency. It is a decimal currency and is split into 100 subunits called poisha. The Bangladeshi language uses the word taka to refer to money of any kind, so it
Central African Franc – XAF and XOF
If you go to Africa there is a good chance you may end up using the CFA franc – or at least one of two versions of it. That’s because the term CFA franc relates to two currencies. These are
Venezuela Bolivar Fuerte – VEF
The Banco Central de Venezuela is responsible for issuing the national currency of Venezuela, which is the bolivar fuerte. This is commonly known and referred to as the bolivar for short. The official language for the country is Spanish and
Vietnamese Dong – VND
If you ever decide to take a trip to Vietnam you’ll come across the Vietnamese dong, as this is their national currency. In theory it has two units that it is subdivided into – the hao and the xu –
Why Are Some Countries More Cashless Than Others?
In the UK we’re used to using cards to make payment for things. Cash is becoming less popular than it was in the past. However this isn’t the case in every country in the world.
Currency Markets Are Once Again in Flux
Some weeks it seems as if no real headway will be made at all. It certainly felt like one of those weeks this time around, but for one notable exception.