Pound sterling / Ghanaian cedi

The British Pound Sterling (GBP) is a major currency used as a benchmark in global financial markets. It is a preferred currency for foreign exchange transactions and is used to price commodities and other currencies. The GBP is also used as a trading instrument in many financial markets such as stocks, bonds, and derivatives. Investors use the GBP as a safe-haven currency and as a store of value. It is also a popular currency for international investors looking to diversify their portfolios and reduce currency risk. In addition, the GBP is an important indicator of economic performance, providing investors with an insight into the health of the UK economy.