Cryptocurrency Q&A
What is a cable exchange rate?
What is a cable exchange rate?
SsangyongSpirit
Wed Jan 29 2025
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7
answers
1523
I'm trying to understand what a cable exchange rate is. Could someone please explain this concept to me? I'm particularly interested in how it relates to cables and their exchange in different scenarios.
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7 answers
Eleonora
Fri Jan 31 2025
The term "cable" serves as an abbreviation in financial markets.
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Claudio
Fri Jan 31 2025
It is specifically used to denote the exchange rate between the British Pound (GBP) and the US Dollar (USD).
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SumoStrength
Fri Jan 31 2025
This abbreviation has a historical context dating back to the early days of international communication.
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CryptoGladiator
Fri Jan 31 2025
During this period, information, including exchange rates, was transmitted across long distances primarily through telegraph cables.
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DongdaemunTrend
Thu Jan 30 2025
The Atlantic Ocean, in particular, was a significant route for these transmissions.
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