29.05.2014 - Scotland: Separate currency 'most likely'
A separate currency is the most likely option for an independent Scotland, according to a report from Barclays. The report considers four currency options if Scotland votes Yes in the referendum, including a formal monetary union with the UK, an informal monetary union with the UK or so-called Sterlingisation, joining the euro area, and an independent currency under various monetary regimes. The bank said it takes no stand on the political question of how Scotland should vote or which outcome is in the best interests of Scotland economically...............................................Full Article: Source
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