Pound rises over 4,000% against RHC following Central Bank revaluation

The Central Bank

The Central Bank

The Legoland Pound has dramatically increased in comparative value to the pegged Regional Hard Currency (RHC) following an historic revaluation by the Central Bank. The new exchange ratio, at 1:11,000, represents a 4,445% rise in value of the Pound against the RHC.

In a statement to financial news correspondents, Central Bank Governor Alaric Charlemont explained that the revaluation was carried out in advance of a wider move expected to be undertaken by central banks worldwide to confirm RHC ratios and international exchange rates.

“The Empire is simply leading the way”, Mr Charlemont concluded.

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