It’s a big week of festivities and celebrations around the world. We’ll be closed this Friday and Monday.
It’s a big week of festivities and celebrations around the world. We’ll be closed this Friday and Monday.
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…
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. Many though have either never heard of the BIS or don’t understand fully what role it plays. We’ll look into this below. BIS HQ, Basel,…
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 be found in Brazil and previously in Spain and Portugal which used the currencies called Real for many hundreds of years. Several Rial currencies use…
