स्टर्लिंग क्षेत्र Meaning in English
स्टर्लिंग क्षेत्र शब्द का अंग्रेजी अर्थ : sterling Area
, sterling area
ऐसे ही कुछ और शब्द
एस्टर्नस्लैटर्न
स्लैटर्नलनेस
स्लैटर्नली
ऊर्वस्थि
उरोस्थि
छींक लानेवाला
स्टेरॉयड
स्टरर
घर्राटे
घरघराहटदार
स्पेटिओटेम्पोरल
स्टेट्सन
स्टेव वुड
स्टेवेदित
स्टर्लिंग-क्षेत्र इसके अंग्रेजी अर्थ का उदाहरण
The Basel agreements of 1968 were designed to minimise flight from sterling to the US dollar within the sterling area.
On 22 June 1972 Britain imposed exchange controls on the sterling area, with the exception of Ireland, the Isle of Man, and the Crown dependencies in the Channel Islands.
These coins are not unique to Northern Ireland and circulate through the entire United Kingdom and other sterling area countries.
Canada and Newfoundland did not join the sterling area because their dollar currencies had effectively been linked to the US dollar until they were forced off the gold standard in 1931 along with Britain.
In the end the US dollar's inability to hold to the Bretton Woods gold standard precipitated the end of the era of fixed exchange rates: with all major currencies including the pound floating against the US dollar, the sterling area had lost its final raison d'être.
When Britain left the gold standard in 1931, many countries that had pegged their currencies to gold pegged their currencies to sterling instead; this group of countries became known as the "sterling bloc", though the term "sterling area" was used officially from at least 1935.
According to Chancellor of the Exchequer Anthony Barber, this was to halt a recent increase in capital outflow to other parts of the sterling area.
Canada's exchange controls were 'sterling area-friendly', in that their purpose was more to prevent capital flight to the US than to prevent flight to the sterling area.
Gibraltar was re-included into the new miniature sterling area on 1 January 1973, and the other sterling area countries responded as they chose"mdash;in fact, some of these countries had already taken similar measures throughout the 1950s and 1960s.
Hong Kong originally declined to join the sterling area, due to its position as a centre for open market activities, but it joined at the end of the Second World War.
After 1972 the sterling area was no longer what it had been, but the United Kingdom still recognised the existence of the 'overseas sterling area' as a distinct group of countries for the purposes of exchange control policy.