Currency board Helena continue to operate currency boards, backing their locally printed currency notes with pound sterling reserves. A gold standard is a special case of a currency board where the value of the national currency is linked to the value of gold instead of a foreign currency. For a precise definition of what constitutes a currency board, including past examples, see: Currency board A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate
Oldest town in Britain fact that it never was an Iron Age or Romano-British town, but at its core was and is the oldest still continuing town to have been established and developed by the English. It has an unbroken history of community as a town since early Anglo-Saxon times. In this claim, During the Migration age Germanic customs, the roots of the English language and the distinctive industrial arts and construction techniques of the northern continent were transplanted into eastern Britain. Industrial activity ceased to follow Roman models of organized provincial distribution, but (in the absence of a money currency) reflected more localized