Pound sterling / Algerian dinar

stockPerformance $1.14 (0.68%)
Updated: 18 Jan, 3:17 pm UTC
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The British Pound Sterling (GBP) is the currency of the United Kingdom, and is a major international currency. As such, it is used in many financial and investing markets. The GBP is traded on the foreign exchange market, and is used to make international payments. Investors often use it to buy stocks and other financial instruments denominated in GBP. It can also be used to hedge against currency risks, or to speculate on its price movements. In addition, many commodities, such as gold and oil, are priced in GBP, making it an important currency for investors who want to buy and sell these assets.