# Cable (also in German)

- Canonical URL: https://www.gerhardmerk.de/cable-also-in-german
- Post ID: 588797
- Modified: 2023-07-25T20:59:03+00:00
- Language: en

## Definition

On the stock exchange, the exchange rate between British pound sterling and the U.S. dollar. - The word derives from the Transatlantic Cable, which was laid between England and the U.S. in the 1940s after attempts in the 1860s, and through which the rates were transmitted by cable from then on. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1