The british pound, also known as the pound sterling, is the currency used in the United Kingdom. Its symbol is £ and its ISO code is GBP. The pound is one of the oldest currencies in the world, with origins dating back to Anglo-Saxon times. It is the fourth most traded currency in the foreign exchange market and is used as a reserve currency by many countries. Its value can fluctuate based on various economic and political factors, such as inflation rates, interest rates, and Brexit negotiations. Despite the introduction of the euro, the pound remains a strong and influential currency in the global economy.
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