Pound sterling / Cambodian riel

stockPerformance $68.20 (1.36%)
Updated: 18 Jan, 3:22 pm UTC
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The British Pound (GBP) is the official currency of the United Kingdom, and is used for trading in many global financial markets. It is the fourth most traded currency in the world, and is popular among investors due to its stability and low volatility. The GBP is often seen as a safe haven currency and is used as a reserve currency by many countries. This is because of Britain's strong economic position and the strength of its banking system. The GBP is also viewed as a hedge against inflation as it tends to maintain its purchasing power over time. As a result, it is an attractive option for investors looking to preserve their wealth.