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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (2538)8/30/2000 5:24:35 PM
From: Henry Volquardsen  Read Replies (3) | Respond to of 3536
 
cable is market jargon for the British Pound. It comes from the old days of fixed exchange rates when the pound was a major reserve currency. You would "cable" your UK correspondent with instructions.

Now who knows what "funds" are?