The sterling bloc should not be confused with the sterling area.
2.
When the United Kingdom abandoned the gold standard in 1931 the British Honduras dollar continued with its attachment to the US dollar and as such it did not become part of the sterling bloc.
3.
Early in the Second World War, emergency legislation united the sterling bloc countries and territories ( except Hong Kong ) of the British Empire in a single exchange control area to protect the external value of the pound, among other aims.
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