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Markets

China's yuan at 8-year low against the US dollar

China's currency, the yuan, hit its lowest value in almost eight years against the US dollar having declined for eight days in a row.

India

Huge queues outside banks in India after currency swap shock

Indians are reeling from the prime minister’s decision to take certain bank notes out of circulation.

Economy

Egypt devalues its currency to stabilise the economy

Egypt has effectively devalued its currency by allowing it to trade freely, hoping to stabilising the economy and attracting foreign investment.

No Comment

Money DJ - Brits use new five pound note to play vinyl records

While post-Brexit woes are causing the pound to plummet in recent months, innovative Brits have found something better to do with their cash.

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United Kingdom

How to play vinyl records with Britain's new plastic five pound note

Economy

Six knock-on effects of a plummeting pound

The slumping value of the pound has an effect on tourism, foreign workers in the UK, exporters and expats.

Markets

Pound hammered by flash crash

The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.

Markets

Strong UK business data creates interest rate dilemma for Bank of England

The UK's services sector was strong in September adding to doubts about the need for another interest rate cut to cushion the Brexit vote impact.

Economy

Plastic fantastic - Britain unveils polymer banknotes

Britain has introduced its first plastic currency with a new five pound banknote entering circulation featuring World War Two leader Winston Churchill.

Economy

Eurozone is doomed without radical reform says economist Stiglitz

As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.

Business Series

Slumping post-Brexit pound to hit Eurotunnel profit

Eurotunnel has lowered its profit forecast for 2016 and 2017 because the Brexit vote caused the value of the pound to drop.

Markets

Pound hits new post-Brexit low

The pound has slumped further in reaction to the UK's vote to leave the European Union, at one stage slipping below $1.28 in trading in Asia. The euro is also weak.

Economy

Japan's Abe speaks on Brexit concerns

Japanese Prime Minister Shinzo Abe has addressed the effects of the Brexit vote on his country, pledging to use all available policy tools to help its economy grow.

United Kingdom

Sterling hits historic low as Brexit fallout spreads

Stocks and shares have been spiralling downwards across Europe after David Cameron said he will quit as British prime minister.

United Kingdom

Global markets shaken up as prospect of Brexit becomes more probable

Global markets have been shaken by the prospect of a UK exit from the European Union.

Economy

Russia cuts cost of borrowing as inflation falls

Russia's central bank has cut its main interest rate by 0.5 percent to 10.5 percent, signaling confidence by its policymakers that inflation risks are declining.

Economy

Tussle over 500 euro notes ends with slow phasing out

The European Central Bank will stop issuing 500 euro notes on concerns over use by terrorists and criminals, but they will be phased out only from 2018 due to resistance from Germany.

World News

Why money is undermining our financial system

Germany

New five euro coin released in Germany

Hundreds of people have queued at the Bundesbank in the German city of Frankfurt to get their hands on one of the new five euro coins. A collector’s

World News

G20: divisions over debt and currency reform

The G20 summit has got underway in China. The gathering unites finance ministers and central bank bosses from the world’s biggest economies. The G20