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sterling area

/ˈstɜːrlɪŋ ˈɛriə/

Tradução: Termo histórico que designa o grupo de países que mantinham suas reservas cambiais em libras esterlinas e atrelavam suas moedas à libra, sobretudo em meados do século XX, até o colapso do sistema de Bretton Woods.

1 verbete

phrase

/ˈstɜːrlɪŋ ˈɛriə/C1formalbritishbusinessobsoleto
  • ptTermo histórico que designa o grupo de países que mantinham suas reservas cambiais em libras esterlinas e atrelavam suas moedas à libra, sobretudo em meados do século XX, até o colapso do sistema de Bretton Woods.

A historical term referring to a group of countries that maintained their currency reserves in British pounds sterling and pegged their currencies to the pound, primarily during the mid-20th century before the collapse of the Bretton Woods system.

  1. Currency unionC1formalbritish

    A group of countries that use the British pound sterling as their official currency or peg their currency to it.

    ptZona esterlina

    • The sterling area was established after World War II to facilitate trade.
    • Many former British colonies were part of the sterling area.
    • The sterling area's influence declined after the pound was floated in 1972.