Post- indy currency ‘ could take decades’
It may take decades for Scotland to launch its own currency to replace the pound after an independence vote, Nicola Sturgeon has suggested.
The First Minister said any decision to move to a new currency would depend on six stringent tests set by the SNP’S Growth Commission, which set out a new economic blueprint for independence.
She denied that SNP members had voted to speed up the process of ditching the pound, despite a motion passed at the part y’s conference l ast month to move to a new currency “as soon as practicable after independence day”. Asked whether moving to a new currency would take “years or decades”, Ms Sturgeon told the BBC: “That would depend on when those tests were passed.”