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"Black Wednesday" saw interest rates jump from 10% to 15% in an unsuccessful attempt to stop the pound from falling below the ERM limits. The exchange rate fell to DM 2.20. Those who had argued [107] for a lower GBP/DM exchange rate were vindicated since the cheaper pound encouraged exports and contributed to the economic prosperity of the 1990s.
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
The UK rate of inflation falls from 8.7% in May to 7.9% in June. [525] Rishi Sunak issues an apology for the UK's historical treatment of LGBT people who were dismissed from the military because of their sexuality. [526] 20 July Senior doctors begin a two-day walkout, their first strike in a decade, amid an ongoing dispute over pay. [527]
USD/JPY exchange rate 1971–2023. The yen (Japanese: 円, symbol: ¥; code: JPY) is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. [2] It is also widely used as a third reserve currency after the US dollar and the euro.
Four mints currently operate in the United States producing billions of coins each year. The main mint is the Philadelphia Mint, [1] which produces circulating coinage, mint sets and commemorative coins. The Denver Mint [2] also produces circulating coinage, mint sets and commemoratives.
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
By the end of the year, the interest rate stood at 42.5%, [53] and the annual inflation rate decreased to 53.86%, down from 83% in 2022. [54] The central bank increased the interest rate to 50% in March 2024 under Fatih Karahan , the new governor, and has kept it as such as for eight consecutive months. [ 55 ]
The final of the 2021–2023 ICC World Test Championship, a Test cricket match, was played from 7 to 11 June 2023 at The Oval, London, between Australia and India. [1] Australia won the match by 209 runs to win the second edition of the ICC World Test Championship. This marked Australia's maiden win of the Championship.