Cable

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Related to International Telegram: international Morse code

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 ?
Telia is currently operating the international telegram service under an agreement with the Swedish National Post and Telecom Agency and it has received funding for the service's operation from the Swedish ministry of industry, employment and communications.
The Swedish telecommunications group Telia is to wind up its international telegram service, Telia Telegram, on 30 April.
Thus, for more than thirty years, until 1975, the federal government secretly collected every international telegram sent to and received by every American, in one of the most sweeping surveillance operations in U.

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