Meaning Of The Word Sterling bloc

Real Dictionary

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Sterling bloc Meaning

Sterling bloc Definition
Sterling bloc Definition

What's The Definition Of Sterling bloc?

sterling bloc in American English
noun: those countries having currencies whose values tend to vary directly with the rise and fall of the value of the pound sterling

sterling bloc in British English
noun
noun: a group of mainly Commonwealth countries that used sterling as a medium of international payments and sometimes informally as a currency against which to peg their own currencies. For these purposes they deposited sterling balances and held gold and dolla

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