Shyam Devani of Citi says investors should wait for more clarity on Brexit before trading the British pound. For now, he is “absolutely neutral” on sterling, he says.
National polls held last week resulted in no party securing a clear majority. However, forming a government is not the key challenge Independent candidates linked to the Tehreek-e-Insaf (PTI) party led by former cricketer and prime minister of Pakistan Imran Khan – who was jailed weeks before the elections, on charges which he claims are…
Austrian Chancellor Karl Nehammer has proposed that the country enshrines the use of cash in its constitution, to ease fears that a citizen’s right to use paper money and coins will disappear. According to a three-point plan issued on Thursday, the right to cash would be protected in the constitution, while the national bank would…