Pound sterling / Norwegian krone

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Updated: 18 Jan, 3:12 pm UTC
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The British Pound Sterling is the official currency of the United Kingdom and is a major global currency. It is used for international transactions, investments, and financial markets. Investors use the pound to diversify their portfolios and to hedge against other currencies. It is also used by companies to make payments for imports and exports. The pound is a major component of the Forex market and is highly liquid, making it a popular choice for both long-term and short-term investments. The pound is also a safe haven currency, meaning it is considered to have a low correlation with other currencies and is a stable store of value.