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 ?
Prosecutors accused the suspect of stealing electric cables.
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.
Cable industry in Indonesia has expanded and could produce various types of cable electric cable, telecommunication cable, control cable, fiber optic, etc.
For PE materials used in some of the Yankee Gas distribution system where the new electric cable increased the average annual ground temperature to 65[degrees]F, there was no effect on pressure rating because this increased temperature of 65[degrees]F was still lower than the PE pipe design temperature of 73[degrees]F.
The major Japanese electric cable maker said it now expects a group net loss of 115.
Louis Rana, vice president of Manhattan Electric Operations, was joined by local officials at a Battery Park City news conference as Con Edison crews began removing final sections of emergency street-level electric cable that was used to restore service to lower Manhattan.
and two other Japanese electric cable and wire makers said Wednesday they have reached a basic agreement to integrate operations so as to overcome a slump in demand stemming from weak corporate capital spending.
A bomb scare forced the temporary evacuation of local residents of Ginowan, Okinawa Prefecture on Tuesday after a station wagon was found in a parking lot with an electric cable attached to a container filled with an unidentified liquid, police said.
Highlights of the final segment, "New Contemporaries 99," also on view in the Exchange Flags building, included Kenny Macleod's deadpan pseudo-confessional video Robbie Fraser, Ian Kiaer's enigmatic sculptural tableau of an Old Testament landscape, and Andrew Currie's high-jinks footage of a menagerie of endearing kinetic biomorphs created from tiny motorized fans, plastic trash bags, cotton thread, and electric cable, among other materials.
TOKYO -- Oki Electric Cable (TOKYO:5815) today announced the launch of OS-UZ Wire, a zinc-plated wire for Wire-type EDM.
Independent cable TV ad management company Viamedia has renewed its longstanding agreement with Service Electric Cable TV & Communications to represent local cable TV advertising sales throughout the greater Philadelphia, PA market, the company said.