Pound sterling / Bahraini dinar

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Updated: 18 Jan, 3:17 pm UTC
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The British Pound Sterling (GBP) is the official currency of the United Kingdom and is one of the oldest, most important and widely-traded currencies in the world. As a major currency, it is used in many international transactions and is an important part of the global financial system. Investors often use the GBP as a safe haven asset to hedge against market volatility and economic uncertainty. The GBP is also used in many speculative transactions in the foreign exchange market, as it is an important currency for international trading. In addition, the GBP is often a preferred currency for investors looking for diversification and exposure to the British economy.