Cable

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Cable

Exchange rate between British pound sterling and the U.S. dollar.

Cable

1. Informal; the exchange rate between the British pound and the U.S. dollar. This term is used by currency traders, and it originates from the transatlantic cables used to wire the exchange rate between the two currencies in the 19th century.

2. Informal for the GBP.
References in periodicals archive ?
They stole Dh300,000 worth of electric cables from that specific site.
About Service Electric Cable TV and Communications As a recognized leader in cable television for over 65 years, Service Electric Cable TV has come a long way since paving the way for the entire cable TV industry in 1948.
BEIRUT: The theft of electric cables continued in several parts of the country, despite the arrest last week of a gang allegedly involved in perpetrating similar offenses.
Just as when an excavator cuts our electric cables.
They later traced the fumes to a burning electric cable under the pavement.
In the survey, being taken before workers place shields in the ground to prevent contaminated water from flowing into the sea, workers were boring into the ground to check the flow of groundwater when a device touched and damaged the electric cable about 2.
TodayEUROs fixture was given the go-ahead after the racecourse assured the BHA that the paddock was safe, and Southern Electric officials satisfied themselves electric cables in the areas where horses have access were within safety standards.
Cable industry in Indonesia has expanded and could produce various types of cable electric cable, telecommunication cable, control cable, fiber optic, etc.
The scrap handler can move in an L-shaped path while being powered by an electric cable plugged into a nearby building.
A SUPERMARKET chain was fined pounds 10,000 after a worker suffered burns from a damaged electric cable outside a metal-framed window.
Because someone had stolen an electric cable box from K127, an overnight train from Xian to Changchun, the train crew could not get a proper signal to make the train stop, the official Xinhua News Agency reported.
Flexible, high watt electric cable heaters are available for such applications as trace heating/freeze protection, semiconductor manufacturing processes, hot runner plastic molding, packaging, tube/pipe heating, vacuum chambers and various immersion heatings.