The Finseta Blog

Cornerstone FS PLC (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide the following unaudited update on trading for the six months ended 30 June 2023 (“H1 2023”). As announced on 19 April 2023, the Group generated exceptionally high levels of […]

In this week’s article, we’ll take look at the history, the production and the economy that sits behind the Chinese Yuan, a currency we deal with a lot here at Finseta. epSos.de, CC BY 2.0, via Wikimedia Commons A bit of history… China is an ancient country and as such has had multiple currencies over […]

The Yen, Yuan and Won all share the same roots which were colloquial words for ‘Round’ that referenced the round silver dollar coins of the Spanish Empire. Historically, Spain had dominated this part of the world and their currency had over time become commonly used in vast parts of eastern Asia.  The first formal Yen […]

Headquartered in Washington DC, the International Monetary Fund (IMF) has been in operation for nearly 80 years. In the below article, we’ll look at its history and its role in today’s global economy. A new economic order… The IMF started life in the 1940s when the allies began to meet to discuss how to create […]

The origin of the term Shilling is debated. Some believe it is based on the Old English term ‘Scilling’ which meant 1/20th of a pound. It was used in the time of Charlemagne back in the 700s. A shilling as a formal coin was first minted in 1500s England and in the Holy Roman Empire […]