Economy of Wales forestry and fishing together contributed 1.5%. As in the rest of the United Kingdom, the currency used in Wales is the Pound, represented by the symbol "£". The Bank of England is the central bank, responsible for issuing currency, and retains responsibility for monetary policy and is the central bank of the UK. The Royal Mint, which issues the coinage circulated over the whole of the UK, has been based at a single site in Llantrisant, south Wales since 1980, having progressively transferred operations from their Tower Hill, London site from 1968. Economic output per head has been lower in
Royal Mint alongside those of other nations until 1858 when London started producing coins for the newly established Canadian dollar. As Canada developed, in 1890 calls were made for a mint to be built in Ottawa to facilitate the country's gold mines. The new mint opened on 2 January 1908 by Lord Grey producing coins for circulation including Ottawa Mint sovereigns. In 1931 under the Statute of Westminster, the mint came under the control on the Government of Canada and subsequently renamed the Royal Canadian Mint.A fifth branch of the Royal Mint was established in Mumbai (Bombay), India on 21 December 1917