LEWES POUND
A local currency of Lewes, East Sussex, United Kingdom. Only local businesses accept these pounds, which are part of its initiative to invite consumers to shop locally. It is also intended to help lower carbon emissions by downsizing the number of goods to be transported long distances in the county town for commercial purposes. Consumers can get the pounds at selected issuing points and spend it in any local merchant that accepts the pounds. Lewes pounds, aimed to function alongside pound sterling, are paper bills with denominations 1, 5, 10, and 21. One Lewes pound is equal to one pound sterling, with a 5% transaction fee, that is 5 pence, associated with acquiring it.
POPULAR TERMS
Proved Reserves
It refers to the amount of resources that can be recovered from the deposit with a reasonable certainty level.
Cumulative Discount Privilege
In mutual fund, a way an investor can become eligible for lower fees by getting the sum of multiple transactions in several funds within the same f ...
Commercial Hedger
Companies purchasing futures positions in commodities to control its costs. When used in creating a product or service, corporations can hedge to r ...
Hurdle Rate
The minimum rate of return required by a manager on a project. The riskier the project, the higher the hurdle rate.
Sensex
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
