Act of borrowing one currency that has a low interest rate in order to purchase another with a higher interest rate.
Source: Wikipedia.org
« Back to Glossary IndexBreaking News
-
UK-wide parking app may be out of r
Five-year-old platform intended to make drivers’ lives easier will
-
Middle East crisis live: Israel say
Hamas says six captives expected to be freed from
-
Konstantin Kisin: anti-woke liberta
In speech at Arc conference, podcaster argues ‘identity politics
-
New laws to protect children exploi
Ex-children’s commissioner welcomes crackdown on use of children for
-
Man stabbed at Berlin’s Holocaust
German police have arrested a suspect after attack on
-
Trump fires Black joint chiefs chai
US secretary of defense had questioned whether history-making air
-
Starmer will not challenge Trump on
UK prime minister aiming to cool escalating transatlantic row
-
Watchdog reopens investigation into
Business secretary alleged to never have qualified as solicitor,
-
Scottish Labour would set up Musk-s
Party would create department to clear out inefficient quangos
-
Working-class creatives don’t sta
Exclusive: Analysis by the Guardian shows a third of