sterling area

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sterling area

a group of countries (predominantly ex-British colonies) whose own national currencies were formerly linked directly to the value of the British POUND and who held STERLING as part of their INTERNATIONAL RESERVES
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Some aspects - in particular with regard to monetary policy and financial stability - will be co-ordinated across the Sterling area, while other aspects, such as fiscal policy will be targeted toward the unique circumstances facing Scotland," the paper says.
She was a real estate broker for many years in the Sterling area.
When he realised the price difference, he returned the books and bought them in Derry City, just 20 miles away, but in the sterling area.
In a survey of the country's economy, it said: 'To achieve a substantial increase of exports, particularly to countries outside the sterling area, remains Britain's basic problem.
Over and above any pure commercial usage, gold served a political end -- maintaining the influence of what was known as the Sterling Area.
50 YEARS AGO: Britain and the German Federal Republic are to open extensive talks which the Germans hope will result in active competition by their exporters in the sterling area markets.