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Other popular cause is that it’s produced from the brand new Pillars away from Hercules for the Spanish coat from palms of one’s Spanish dollar. The brand new indication try perhaps the consequence of a late eighteenth-millennium development of your scribal acronym ps on the peso, the average identity on the Spanish bucks which were inside greater flow in the “” new world “” in the sixteenth on the nineteenth centuries. The newest symbol $, constantly authored before the mathematical amount, is used to the You.S. dollars (and a number of other currencies).

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