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
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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The political economy of imperial relations: Britain, the sterling area, and Malaya, 1945-1960.
"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. Previously she was a nurse's aide and ran her own business, Marlboro Trailer Sales.
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. "Not many people can pop across the border but it was certainly worth my while.
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. A Cabinet Office study of 1949 stated the issue clearly:
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.
50 YEARS AGO: After his Commons revelations of Britain's grave economic position, Sir Stafford Cripps last night appealed to every man and woman in the country to co-operate in the new austerity campaign, necessitated by the last quarter's drop in the sterling area's gold dollar reserve to danger level.
Furmanick spent his life in the Sterling area where he was a furniture maker.
Melone said, is that a lamb following its young caretaker in the Sterling area in the 19th century was probably a common-enough occurrence.