UK economy – DIGIT INFO

Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent

Euro Drops to a 20-Year Low Against the US Dollar Tapping $1.028 per Unit — Analyst Says Parity Is Imminent

The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]

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Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey

Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time frame of when the […]

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