we can move on and focus on the stuff that really matters to people. joining me now is giles coghlan, who s the chief currency analyst at hycm. has it caused concern? perhaps surprisingly. has it caused concern? perhaps surprisingly. it has it caused concern? perhaps surprisingly, it hasn t. - has it caused concern? perhaps surprisingly, it hasn t. the - surprisingly, it hasn t. the moment the vote was called, markets quite quickly priced in the fact that they were expecting boris johnson the fact that they were expecting borisjohnson to win. the pound was gently gaining. over the last 2a hours it was the strongest currency because investors took this as a reassurance there wouldn t now be another no confidence vote for 12 months. the moment it was called, it was affected that boris johnson was called, it was affected that borisjohnson would win and that would give a period of stability and there is no longer that no confidence vote hanging over the political sphere. hanging over t
To his Twitter followers in Brazil, where exchange-rate-watching is something of a national obsession, Brooks, 51, is simply "the bald guy" "o careca" in Portuguese. Or sometimes "the bald guy from Goldman."
modernisation of the financial system infrastructure to assure that there is more inclusion, that there is more inclusion, that transactions sometimes take days to clear. that is crazy in a digital environment. they should instantaneously clear. , , they should instantaneously clear. , , ., ~ clear. interesting. let s talk this through. giles coghlan is chief currency analyst at hycm. good morning,. what you think about this debate that we will eventually become cashless and what that means for certain individuals who rely on cash still. ., ., , still. yeah, there has definitely still. yeah, there has definitely been - still. yeah, there has definitely been a - still. yeah, there has l definitely been a move still. yeah, there has - definitely been a move towards cash listeners around the world. countries like canada, hong kong, australia, uae, finland are ready to go cashless now. sweden have moved to a cashless state with shops
As countries turn to other currencies in international trade, "fragmentation at a smaller level is certainly quite possible," Gita Gopinath told the Financial Times.