Tag: currency’s

26 SEP

The pound falls again versus the dollar after the Bank of England says it’s monitoring financial markets following the currency’s slide to a record low

Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets.  The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday.    The pound fell by nearly 2% after the […]

05 MAR

Federal Reserve official warns of digital currency’s risks

(Reuters) – A top U.S. Federal Reserve official on Friday raised caution about central banks issuing digital currencies as they are vulnerable to cyber attacks and criminal activities along with privacy issues that still need to be addressed. “A digital currency issued by a central bank would be a global target for cyber attacks, cyber […]