Dollar currencies around the world

When you think of a Dollar, you probably think about the USA. Upon independence, the US Congress established the US Mint and declared the Dollar as the national currency in 1792. The Dollar is not an English term though, it’s actually the anglicised version of the German word ‘Thaler’ which was a coin first issued in […]

Interest rate rises in the Eurozone & Canada

It has been a big week in the EU with plenty of data and political action. The ECB has increased interest rates by 0.5%, the first rate rise in the Eurozone since 2011. It comes at a time when inflation has hit record highs of 8.6% and the economic gulf between member states is widening. […]

Euro hits parity with USD for first time since 2002

Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year ago, the highest rate in 40 years. Wednesday’s result was surprisingly higher than consensus estimates of 8.8%. Inflation continued to be led by large food and fuel price increases but […]

Platinum Jubilee Special: The Queen’s portrait on the world’s currencies

In honour of the Queen’s Platinum Jubilee celebrations this week, we thought we’d take a look at which other countries (besides the UK) feature portraits of Her Majesty the Queen on their currency, both coins and banknotes. To begin with let’s remind ourselves of the countries where the Queen is the Head of State. Besides […]