11.  The British currency was also dented by fresh evidence that sterling strength is curbing U.K. exports.

12.  The strength of the British currency and the economic boom has not helped the U.K. stock market.

13.  To be sure, many traders and investors say they doubt whether the British currency can rally further.

14.  When sterling falls, cocoa becomes more attractive to investors who use other currencies because it is priced in the British currency.

15.  Operators in the black market offer higher rates than banks for U.S. and British currencies but charge a hefty commission for converting Indian rupees.

16.  Operators in the black market typically offer higher rates than banks for U.S. and British currencies but charge a hefty commission for converting Indian rupees into those currencies.

17.  For example, the price payable in pounds for crude oil rises as the British currency loses ground against the dollar.

18.  Operators in the black market typically offer higher rates than banks for U.S. and British currencies, but charge a hefty commission for converting Indian rupees into those currencies.

19.  Operators in the black market offer higher rates than banks for U.S. and British currencies but charge a hefty commission for converting Indian rupees into those monies.

20.  The pound dropped more than a penny and a half, as traders aggressively sold the British currency for both euros and dollars.

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