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 IndexAct 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 IndexChancellor says autumn budget enabled £25bn of extra investment
Bridget Phillipson, the education secretary, says there are too
Britain wins relatively favourable treatment as president accuses trading
President to impose ‘reciprocal’ tariffs on largest trading partners
Former neonatal nurse’s legal team to hand over 86-page
Economic impact assessment is one concession aiming to head
Richard Hermer has responded to Robert Jenrick’s calls for
Chancellor says £25bn extra investment into NHS has led
US president claims tariffs part of a ‘liberation day’