The Finseta Blog

An in-depth look at the UAE Dirham (AED)

An in-depth look at the UAE Dirham (AED)

The UAE Dirham is the currency of the United Arab Emirates.  Below we’ll look at the currency’s history, its coins, banknotes and the economy that…

Pound currencies around the world

Pound currencies around the world

Despite being prevalent in the British Isles and the former colonies of the UK, you may be surprised to learn that the term ‘Pound’ actually…

How the WTO works

How the WTO works

The World Trade Organisation is one of the world’s most significant intergovernmental organisations. Virtually every country in the world takes part and agrees to work…

Welcome to the team Joshua, our new Head of Compliance and MLRO

Welcome to the team Joshua, our new Head of Compliance and MLRO

We’d like to give a big welcome to Joshua Best who became part of the Finseta team today. Focusing on managing regulatory risk, internal policies…

Peso currencies around the world

Peso currencies around the world

The origins of the Peso date back to the early Spanish Empire when the 8-real silver coin became known as a Peso.  The word literally…

How the World Bank works

How the World Bank works

Most people have heard of the World Bank, but many don’t know exactly what it does. In the below article, we’ll look at its history…

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Commentary: What Britain’s new Prime Minister could mean for UK markets

Commentary: What Britain’s new Prime Minister could mean for UK markets

Yesterday the Queen appointed Liz Truss as Prime Minister. Following a brutally contested leadership contest which saw senior members of Britain’s governing party tear chunks out…

Pounds, Lira and Shekels Old & New: the multiple currencies of Israel

Pounds, Lira and Shekels Old & New: the multiple currencies of Israel

The State of Israel was founded over 74 years ago in May 1948. In that time it has seen several economic crises, with many of…

The Big Idea: Where does money come from?

The Big Idea: Where does money come from?

The value of money is an idea instilled within everyone from a young age. We are taught that we should get a good education and…

Close-up on the currencies of the BRICS

Close-up on the currencies of the BRICS

In last week’s article we looked at who the BRICS countries are and why they are considered the world’s most significant upcoming economies.  They all…

Who are the BRICS?

Who are the BRICS?

Way back in November 2001, Goldman Sachs published a report looking at economic development in major growing economies around the world.  It was titled ‘Building…

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

A brief overview of ‘Modern Monetary Theory (MMT)’ in theory and practice

If you have ever taken a macroeconomics lesson, you have probably been taught that printing too much money is inflationary. It has been a widely…

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Sonny Hellmers

Senior currency specialist