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Crown Strengthens to Record as Meridian Exchange Closes Higher

Elpsonian Crown reaches 1.42 against the dollar on strong technology earnings.

By Pieter Vandermolen, Markets Editor12 November 2026

The Elpsonian Crown closed at its strongest level on record on Thursday as investors piled into Meridian-listed technology stocks ahead of the Winter Assembly.

The ME-40 index rose 1.8 per cent, led by Kazarov Systems and Banco d’Aurelian. Analysts attributed the move to expectations of a new framework for foreign investment.