The British Pound Sterling is the official currency of the United Kingdom, represented by the symbol £ and the ISO code GBP. It is one of the oldest currencies still in use today, with origins dating back to the 8th century. The pound is subdivided into 100 pence, and it is widely used in international trade and finance. The Bank of England is responsible for issuing and regulating the pound. The currency is known for its stability and is often considered a safe haven during economic uncertainty. The pound is also used in several British territories and is a key player in the global economy.