Euro Notes
Euro notes are euros (not the Greek rotisserie meat, but the money that’s used in the eurozone). Think: USD, Europe-ified.
Euro notes come in denominations of 5, 10, 20, 50, 100, 200, and 500, similar to USD. While Europe isn’t a country, the unity of European countries via economic deals and a common currency necessitates new institutions that serve all of them, such as the European Central Bank, or ECB. Euro notes are currently used in 19 countries as the legal tender of choice.
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Finance: What is LIBOR?21 Views
Finance allah shmoop what is a lie Boer No it's
not the result of these two zoo animals Mating lie
Boer stands for london interbank offering rate And it's basically
just the british quote fed unquote central bank rate reflecting
the absolute lowest interest rate at which the british banking
system well loan money to its best Most well heeled
customers like you know sainsbury's and bp and barclays and
the guy who plans royal weddings So library is the
best or cheapest rate at which the british banking system
will lend money Most loans come at some premium to
lie before i risk your loans might come in something
like on a live or plus fifty basis points or
something like that so that if lie boris currently quoted
at two point two five percent interest well then the
lie bore plus fifty loan would be loaned out at
two point seven five percent interest And libras important has
been around forever and much of the world uses it
as thie pegging number two then add some risk percentage
on top of it when they quote loans to whoever
they're loaning money to That's basically it No need for 00:01:08.819 --> [endTime] any wild animals teo you know get wild