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Each week the Cornerstone Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
With all the drama of the last couple of years, we’re all hoping that 2023 will be calmer, quieter and less eventful. Being so close to the start of the year, we can’t predict what will happen or when certain events will be. There are some definite ones though that we’ve listed below. In January… […]
Last week we looked at the world’s ten strongest countries and the reasons behind their high value. Following on, below we are looking at the reverse, which are the world’s least valuable currencies and why. 🇨🇴 Colombian Peso (COP) £1 = 5,857 Throughout the last 50 years, the Colombian Peso has been subject to rampant […]
The currency markets have lacked direction this week with the major currency pairs stuck in a range. As we mentioned last week, this is in large part due to the market anticipating a few consecutive big days of economic data and announcements next week. On Tuesday we’ll see US inflation data released followed by an […]
On a daily basis a currency’s value will change against another. When looking at their relative strength, it’s common to compare them against one of the major reserve currencies like USD, EUR or GBP. Using data from Nov 2022 , we’ve compiled a list of the world’s ten most valuable currencies and explained why they have […]
With the World Cup taking place in Qatar between November and December 2022, it’s the perfect opportunity to take a deeper dive into the currency of the host nation. Below we’ll look at the history, the production and the economy that sits behind the Qatari Riyal. The Gulf Rupee was printed and managed by the […]
Last week Chancellor Jeremy Hunt delivered his Autumn Statement on the status of UK finances and announced a set of new economic policies. As we are all too aware, this was expected to be a sombre affair given the perilous state of the UK economy after Covid-19, the Ukraine War and the disastrous 7 week […]