Sentence examples for amount of sterling from inspiring English sources

If a non-British person conducts business and has assets in Britain, he may think it wise to protect the international value of these assets by selling a certain amount of sterling forward.

As MetalGasket pointed out at 1, by open market operations the Bank of England can engineer any movement of sterling denominated bond or gilt rates that it desires, or is told to do by the Treasury, because it can create an unlimited amount of sterling.

In September 1992, Soros Fund Management sold huge amounts of sterling in the belief that its value, then artificially pegged to other European currencies, was wildly excessive.

Toby Nangle also raises the possibility that domestic companies doing business in Scotland with significant amounts of sterling debt "may find their assets and liabilities no longer matched" because of having sterling liabilities but Scottish currency revenues, which he says "has caused all sorts of problems in emerging markets where this sort of mismatch is most common".

With bills of exchange accounting for most international payments, this implied that a group of British merchant banks and discount houses accepted and discounted vast amounts of sterling-bills (generally of three months maturity) sustaining the most liquid money market in the world (see e.g. Fletcher 1976, ch. 2).

The cloth was sold for the princely amount of 562 pounds sterling and the money used to complete the buildings for the new college, duly rechristened The Yale College.

K Foundation Burn a Million Quid was an action on 23 August 1994 in which the K Foundation (an art duo consisting of Bill Drummond and Jimmy Cauty) burned cash in the amount of one million pounds sterling in a disused boathouse on the Ardfin Estate on the Scottish island of Jura.

The points correspond to an amount of money in pounds sterling claimed annually.

Despite the two jurisdictions using two distinct currencies (the euro and pound sterling), a growing amount of commercial activity is carried out on an all-island basis.

For every pound an authorised Scottish or Northern Irish bank wants to print in the form of its own notes, it has to deposit the equivalent amount in sterling with the Bank of England.

What Yankees management thinks of Sterling is not publicly known.