scheduled territories
sterling area

South Yemen was still however listed in British law as being part of the overseas sterling area, that being a list of scheduled territories which continued to enjoy some exchange control privileges with the United Kingdom right up until 1979 when Margaret Thatcher abolished all United Kingdom exchange controls.

This was the beginning of the end for the sterling area.

The policy decision was to maintain the sterling area, above all in its 1940 form as a zone of exchange control.

And this did raise the whole issue of the future of the sterling area.

Well, to begin with, and taking only England and the sterling area, it's a very big business indeed.

This agreement also led to the formal end of the Sterling Area.

Both national currencies had membership of the sterling area from 1939 until its effective demise in 1972.

It also had a more direct interest in keeping Malaysia in the sterling area.

Tracy practiced law in the Mt. Sterling area from 1980 to 1997.

The sterling area did not cease to exist on a specific date, but disappeared in phases between June 1972 and 1979.

Until the float of sterling in 1972 there were no strong restrictions on investment within the sterling area.

Britain's leadership of the sterling area is thus seen as a crucial link in this scheme of things.

(The sterling bloc should not be confused with the sterling area.

Typically, the sterling area was assumed a 'good thing', the justification of which needed only to be made to foreigners (especially Americans).

These currencies and others tied to sterling constituted the Sterling Area.

He was a proponent of the 'sterling area' - and popularised the phrase.

The mounds are a product of the Hopewell tradition which flourished in the Sterling area around 2,000 years ago.

The consequences of this investment for the sterling area were complex, as South Africa was, of course, the world's major gold producer.

Apart from acting as a zone for maximizing non-dollar trade, the sterling area under Labour had two main effects.

The purpose of the sterling area was to protect the external value of the pound sterling.

As a result of the sterling area policy, Britain not only failed to deliver the goods but actively and blatantly exploited colonial producers.

The Sterling Area effectively ended at this time when the majority of its members also chose to float freely against the pound and the dollar.

Fiji immediately joined the sterling area.

In the years after the second world war, Egypt, Palestine, the Sudan and Iraq left the sterling area.

London regarded this declaration as illegal, and so applied sanctions and expelled Rhodesia from the sterling area.

Thus the Treasury faced little opposition to its policies on the basis that the sterling area was in any way harmful to the interests of the colonies.