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.
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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…
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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…
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