Pound sterling / Bosnia and Herzegovina convertible mark

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Updated: 18 Jan, 3:14 pm UTC
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The British Pound Sterling (GBP) is a major global currency used by traders, investors and financial institutions to facilitate international transactions. It is recognised as a reserve currency, meaning it is held by many central banks around the world. In financial markets, the GBP is a popular currency for foreign exchange (FX) trading and is used to trade a number of major currency pairs. It is also used to price a wide range of investments, from stocks and commodities to derivatives and other financial instruments. As a result, the GBP is considered a major global currency for financial markets and investors.