British Overseas Territories
Three British overseas territories use their own separate currencies called pounds which are at par with the pound sterling. The governments of these territories print their own banknotes which in general may only be used within their territory of origin. Bank of England notes usually circulate alongside the local note issues and are accepted as legal currency.
Read more about this topic: Banknotes Of The Pound Sterling
Famous quotes containing the words british and/or territories:
“If we were doing this in the Falklands they would love it. It’s part of our heritage. The British have always been fighting wars.”
—British soccer fan. quoted in Independent (London, Dec. 23, 1988)
“Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
—Vladimir Ilyich Lenin (1870–1924)