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The term cable is a slang term used by foreign exchange traders to refer to the exchange rate between the pound sterling and US dollar. [1] The term originated in the mid-19th century, when the exchange rate between the US dollar and sterling began to be transmitted across the Atlantic by a submarine communications cable.
United States dollar $ USD Centavo: 100 Ecuador: United States dollar $ USD Centavo: 100 Egypt: Egyptian pound: LE EGP Piastre [B] 100 El Salvador: United States dollar $ USD Cent: 100 Bitcoin [5] ₿ (none) Satoshi: 100000000 Equatorial Guinea: Central African CFA franc: F.CFA XAF Centime: 100 Eritrea: Eritrean nakfa: Nkf ERN Cent: 100 Estonia ...
By 1962, the task of maintaining the old ₱2 per dollar parity while defending available reserves had become untenable under the new Diosdado Macapagal administration, opening up a new decontrol era from 1962 to 1970 in which foreign exchange restrictions were dismantled and a new free-market exchange rate of ₱3.90 per dollar was adopted ...
There was a further decline during the remainder of 2008, most dramatically on 29 December when its euro rate hit an all-time low at €1.0219, while its US dollar rate depreciated. [120] [121] Sterling appreciated in early 2009, reaching a peak against the euro of £1 to €1.17 in mid-July. In the following months sterling remained broadly ...
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The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. [ 1 ] [ 2 ] The currency's symbol is ' £ ' , a stylised form of the blackletter 'L' ( L {\displaystyle {\mathfrak {L}}} ) (from libra ), crossed to indicate abbreviation.
The Philippines’ inflation target is measured through the Consumer Price Index (CPI). For 2009, inflation target has been set to be 3.5 percent, having a 1% tolerance level, and 4.5 percent for 2010, also having 1% tolerance. Also, the Monetary Board of the Philippines announced a target of around 4±1 percent from 2012 to 2014. [14]
The Philippine Area of Responsibility. The Philippine Area of Responsibility (PAR) is an area in the Northwestern Pacific where PAGASA, the Philippines' national meteorological agency, monitors weather occurrences. Significant weather disturbances, specifically tropical cyclones that enter or develop in the PAR, are given Philippine-specific names.