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General TradingI
Isle of Man Pound (IMP)
The Isle of Man Pound is the official currency of the Isle of Man, abbreviated as IMP in forex markets. It is pegged at par with the British Pound Sterling.
Example
“For example, while the IMP is pegged 1:1 with the British Pound, it is only legal tender on the Isle of Man and must be exchanged when used for transactions outside the territory.”