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- Sterling_area abstract "The sterling area, or sterling bloc, began to appear informally during the early 1930s, after the pound sterling had left the gold standard in 1931, with the result that a number of currencies were pegged to sterling instead of to gold. Early in the Second World War, as an emergency measure, legislation was enacted throughout the countries of the British Empire to unite the sterling bloc countries of the Empire into a single exchange control area, with a number of aims, including protecting the external value of sterling. Thereafter, there was co-operation in exchange control matters between several countries which at the time were mostly dominions and colonies of the Empire, which was in the process of evolving into the Commonwealth of Nations. All of the British Empire except for Canada, Newfoundland, and Hong Kong formally joined the sterling area in 1939. The sterling area countries either used sterling as their own currency, or else they pegged their own currency to it. Even member countries with their own currency held large sterling balances in London for the purposes of conducting overseas trade. The significance of the sterling area was seriously diminished in June 1972, when the British government (in consultation with the Irish, Manx, Jersey and Guernsey governments) unilaterally applied exchange controls to the other sterling area countries, with the exception of Ireland, the Isle of Man, and the Crown dependencies in the Channel Islands. The sterling area did not cease to exist on any specific date, but it effectively disappeared in phases between June 1972 and 1979. In 1978 Ireland unilaterally imposed exchange controls on the United Kingdom, and in 1979 the new British government of Margaret Thatcher completely lifted all the exchange controls created in 1939.".
- Sterling_area wikiPageID "3162582".
- Sterling_area wikiPageRevisionID "603331233".
- Sterling_area hasPhotoCollection Sterling_area.
- Sterling_area subject Category:British_Empire_in_World_War_II.
- Sterling_area subject Category:Currencies_of_the_United_Kingdom.
- Sterling_area subject Category:Fixed_exchange_rate.
- Sterling_area subject Category:Pound_sterling.
- Sterling_area comment "The sterling area, or sterling bloc, began to appear informally during the early 1930s, after the pound sterling had left the gold standard in 1931, with the result that a number of currencies were pegged to sterling instead of to gold.".
- Sterling_area label "Area della sterlina".
- Sterling_area label "Blok szterlingowy".
- Sterling_area label "Sterling area".
- Sterling_area label "Zona esterlina".
- Sterling_area label "Zone sterling".
- Sterling_area label "Стерлинговая зона".
- Sterling_area sameAs Zona_esterlina.
- Sterling_area sameAs Zone_sterling.
- Sterling_area sameAs Area_della_sterlina.
- Sterling_area sameAs 스털링_지역.
- Sterling_area sameAs Blok_szterlingowy.
- Sterling_area sameAs m.08wc_b.
- Sterling_area sameAs Q647109.
- Sterling_area sameAs Q647109.
- Sterling_area wasDerivedFrom Sterling_area?oldid=603331233.
- Sterling_area isPrimaryTopicOf Sterling_area.