` Soros says `Scotland ‘ leaving and becoming independent and still utilising `Sterling ‘ is a practical solution ‘

#AceFinanceNews Billionaire financier George Soros said Wednesday it would not be practical for an independent Scotland to keep sterling.

“I don’t think that Scotland leaving and becoming independent and yet remaining part of sterling and the Bank of England is actually practical,” Reuters quoted Soros as saying.

However, he warned that an independent currency would be “very inefficient and potentially dangerous.” The alternative for Scotland would be to become part of the Eurozone, he said.

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