Economic aspects of Scottish independence: Currency

Scotland will hold its referendum on independence in September 2014. An independent Scotland would have three main currency options: its own currency, using the Euro and continuing to use the pound as part of a 'sterling zone' with the rest of the UK.

This note discusses the pros and cons of the currency options which would be available to an independent Scotland.

UK: Scotland Office: News, 26.11.13: Why a currency union would be bad for Scotland and the UK https://www.gov.uk/government/news/why-a-currency-union-would-be-bad-for-scotland-and-the-uk

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