For this puzzle, you might have to find logic in something illogical. But hey, it's fun and a healthy little break from your strenuous puzzle-solving sessions.
Can you decipher the meaning in the following cluster of letters?
Pronounced as 1 letter, And written with 3, 2 letters there are, and 2 only in me. I’m double, I’m single, I’m black blue and grey, I’m read from both ends, and the same either way. What am I?