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pound |
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poundBritish standard monetary unit, issued as a gold sovereign before 1914, as a note 1914–83, and as a circular yellow metal-alloy coin from 1983. The pound is also the name given to the unit of currency in Egypt, Lebanon, Malta, Sudan, and Syria. poundImperial unit of mass equal to 16 ounces (7,000 grains) avoirdupois, or 12 ounces (5,760 grains) troy; the metric equivalents are 0.45 kg and 0.37 kg respectively. It derives from the Roman libra, which weighed 0.327 kg. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In the first hours after disengagement, the money-changing stalls in Rafah completely ran out of Egyptian pounds. It has been a habit of government officials to make declarations that the Egyptian pound is solid and will not be devalued. In addition, the central bank appears to be easing its rigid exchange rate stance, as the Egyptian pound has slightly declined against the dollar to about [pound]E3. |
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