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The Trump meme coin was launched on January 17, 2025, three days before Trump was inaugurated as president of the United States. The lack of a public announcement initially led to concerns that the cryptocurrency was a scam and might have no association to the president-elect. [3]
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound ( sign: £ ) is the main unit of sterling, [ 4 ] [ c ] and the word pound is also used to refer to the British currency generally, [ 7 ] often qualified in international contexts as the British pound or the pound sterling .
A currency is a kind of money and medium of exchange.Currency includes paper, cotton, or polymer banknotes and metal coins.States generally have a monopoly on the issuing of currency, although some states share currencies with other states.
The euro and sterling rallied over 1% on Monday, notching their best one-day gains since late November versus the dollar, cheered by Trump's decision to not immediately impose tariffs.
U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar ...
Trump won’t be able to bully the Fed or the Treasury into changing their policies, for example, at least without a disastrous impact to the U.S. currency's status, he said.
The Plaza Accord was a joint agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British pound sterling by intervening in currency markets.
The launch of the coins came just ahead of Trump’s inauguration on Monday and follows a broader rise in crypto prices throughout 2024 and early 2025.