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What is the currency of London?

London, the capital of Britain

The city of London is the capital of Britain or England, and it is the largest city in Britain. London was the cultural and economic center of the city of London, as well as being a transportation center as well. The city can be described as ancient, with an age of more than two thousand years.

London represents one of the world's most preferred places to visit. In addition to the large number of languages ​​in the city, spoken, and economically, London is one of the 5 most urban cities in the world; Due to its high GDP, in addition to being an investment destination, it is a suitable location for many economic projects.

Characteristics of the city of London

The British city has a number of advantages, most notably:

  • It is the world's largest financial center, rivaled only by New York City.
  • London has the highest GDP compared to other European cities.
  • It includes a large number of universities, more than forty, more than 12 institutes of art, and hundreds of public libraries.
  • It contains 200 museums, hosting nearly two hundred festivals, and owning more than 100 theatres.
  • Many sports arenas are based in London, including Wembley Stadium, the largest football stadium currently in the world.

London coin

The pound sterling represents the official currency of the United Kingdom, not only for Britain, but for a number of other regions such as: the British Overseas Territories, and the pound sterling is distinguished by a very large volume of trading in the world, in addition to the US dollar, the euro, and the Japanese yen only in the same category , where the pound sterling constitutes approximately 13% of the daily volume of trading in the trading platforms, and in a previous period of time, the pound had represented an official currency for non-British countries such as: Australia, New Zealand, and Canada, and the pound sterling is indicated by the symbol (£), and is currently equivalent in value in US dollars to approximately: 1.32 US dollars.

Read also:What is the currency of the Portuguese Republic?
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