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pound sterling
pound sterling
Word History and Origins
Origin of pound sterling1
Example Sentences
They also found two bags filled with pound sterling bank notes.
Most Sub-Saharan African currencies are getting weaker against other global trading currencies like the pound sterling and the US dollar, resulting in the loss of value and purchasing power of these local currencies on the continent.
Long-term Treasury yields, traditionally subdued in Asian hours, spiked to a fresh 16-year peak , keeping the dollar close to multi-month tops to G-3 rivals the euro, pound sterling and yen.
The U.S. dollar has been dominant since the early 20th Century when it overtook the pound sterling as the global reserve currency, though JPMorgan said this month that signs of de-dollarisation are unfolding in the global economy.
But the fact is, like the 19th-century system in which the British pound sterling was pegged at a fixed rate to gold, such arrangements only work until they cease to work.
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