Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.40
    +0.04 (+0.05%)
     

  • GOLD FUTURES

    2,335.70
    -6.40 (-0.27%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,280.79
    -243.09 (-0.45%)
     

  • CMC Crypto 200

    1,426.91
    +12.15 (+0.86%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Global use of euro currency steady in 2021: ECB

Reuters
·1-min read
One Euro coins are seen in this illustration

FRANKFURT (Reuters) - Global use of the euro remained stable over the past year with the shared currency holding its spot as a distant second to the dollar, a fresh study by the European Central Bank showed on Thursday.

Use of the euro outside the 19-country euro zone dropped sharply following the 2008 global financial crisis but has steadied over the past five years, with the currency holding roughly a fifth of the global market.

In the most notable change of 2021, the share of the euro in international bond issuance rose by almost 3 percentage points to 24.6% while its share in global foreign exchange reserves rose by 0.5 percentage point to 20.6%.

The share of the euro in foreign exchange settlements declined, however, as did invoicing of goods exported from the euro area.

(Reporting by Balazs Koranyi; Editing by Catherine Evans)