1.  When the pound slipped through the fingers of the ERM last September and plunged in value against important trading currencies, it became Golden Wednesday instead.

2.  But the important currency was in publicity.

3.  Despite the dominance of the U.S., sterling remained the most important currency until World War II.

4.  The pound also slumped against the German mark, Japanese yen and other important currencies.

5.  The yen, Anwar said, has become an important international currency.