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George Soros and Black Wednesday 1992 by Divya is a document available to read on EtoBox.

This document is a term presentation submitted to Mr. Sameer Jaiswal from the batch of 2009/11 at SIIB, Pune about Black Wednesday on September 16, 1992. In 3 sentences: Black Wednesday occurred when currency speculators led by George Soros bet against the British pound and forced the UK to withdraw from the European Exchange Rate Mechanism, making a $1 billion profit. Despite the Bank of England spending £27 billion to defend the pound

Author

Divya

Language

EN