Excel Mac £ sign keeps reverting to $ sign on saving file even when I have formatted the cells and checked the preferences

Excel Mac - £ sign keeps reverting to $ sign on saving even though I have formatted the cells correctly to £ and in the preferences too?

Please can you type me a response to my question. I cannot find it http://answers.microsoft.com/en-us/mac/forum/macexcel here.
Thank you.

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