7 Facts about the Sterling

As one of the major currencies in the Forex market belonging to the eighth largest economy in the world, the British pound comes with a colourful track record to give it its charm today, namely during its prior life as “the sterling”.   Born in 775 AD, the pound is at least 1200 years old and originally took on the form of the “sterling”, which was a silver penny worth 1/240 pound – a unit that was only introduced to the British system in the 17th century due to inflation.   The......

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