The Finseta Blog

How does the Bank for International Settlements work?

How does the Bank for International Settlements work?

The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. It plays a crucial role in fostering global monetary and financial stability.…

Final Results for the Year Ended 31 December 2022

Final Results for the Year Ended 31 December 2022

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, announces its final results for the year ended…

Rial currencies around the world

Rial currencies around the world

The Rial/Riyal name is based on the Latin term ‘regalis’ which literally means royal.  It shares a similar etymology to the ‘Real’ currency which can…

Completion of Sale of Avila House Ltd.

Completion of Sale of Avila House Ltd.

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and…

Rupee currencies around the world

Rupee currencies around the world

The Rupee dates back thousands of years. It is thought to be based on the Sanskrit word r?pya which, when literally translated, means a round…

Trading Update: Q1 Revenue Ahead of Expectations

Trading Update: Q1 Revenue Ahead of Expectations

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unaudited update…

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Italy’s new government and the Eurozone

Italy’s new government and the Eurozone

On Saturday 22nd October following another set of early elections in Italy, a government consisting of four right-wing political parties was sworn into office. The…

How did the US Dollar become King?

How did the US Dollar become King?

When it comes to currency, the US Dollar dominates all the others. No currency comes even close to having a similar power. The dollar accounts…

Close-up on the currencies of ‘The Next Eleven’

Close-up on the currencies of ‘The Next Eleven’

In last week’s article we looked at ‘the next eleven’, those countries who are predicted to be the global economic leaders of the future. These…

Who are ‘The Next Eleven?’

Who are ‘The Next Eleven?’

Several years after the publication of the paper on the BRICS, experts and commentators began to ask the question, which are the other economies to…

How does the Office for Budget Responsibility work?

How does the Office for Budget Responsibility work?

In the last week there has been increasing disquiet about the OBR (Office for Budget Responsibility) not being allowed to publish its forecasts based on…

How Sterling changed during the Queen’s reign

How Sterling changed during the Queen’s reign

As the period of mourning for Her late Majesty the Queen comes to an end, we thought it would be fitting to take a look…

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Sonny Hellmers

Senior currency specialist