The Finseta Blog

Yen currencies around the world

Yen currencies around the world

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…

How the IMF works

How the IMF works

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…

Shilling currencies around the world

Shilling currencies around the world

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.…

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…

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Initial reflections on the US Mid-term elections

Initial reflections on the US Mid-term elections

Last Tuesday the US went to the polls in a set of major elections. Voters were choosing a new House of Representatives, a third of…

Japan’s sluggish economy and the Yen

Japan’s sluggish economy and the Yen

For decades the Japanese Yen has been seen as a ‘safe-haven’ currency. Japan and its economy are world-leading, regularly appearing in the top three on…

Who actually sets interest rates around the world?

Who actually sets interest rates around the world?

Given the ongoing economic crises in various countries around the world, attention at the moment is rightly more focused on interest rate decisions than in…

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…

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Sonny Hellmers

Senior currency specialist