Pound sterling / Japanese yen

stockPerformance $2.30 (1.47%)
Updated: 18 Jan, 3:18 pm UTC
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The British Pound Sterling is an important international currency used for investment and financial markets. It is the fourth most traded currency in the world and a major reserve currency. The Pound plays an important role in international trade, as it is used by many countries to settle their international debts. Additionally, it is a key currency used by many foreign exchange investors and financial institutions. For investors, the Pound provides a safe haven in times of market volatility and offers good liquidity and trading opportunities. The Pound can also be used to hedge against other currencies and to diversify portfolios.