Black Wednesday | search
Click here to view Black Wednesday news from 60+ newspapers.
Bookmark or Share- Black Wednesday: George Soros's Bet Against Britain - The BalanceBlack Wednesday is well known as the day that Soros broke the Bank of England and made over $1 billion. But the real lessons are found by taking a look into the underlying causes of the crisis and how they quickly led to problems.
- What was Black Wednesday? Causes, Explanation, Consequences - IGWhat is Black Wednesday and why does it matter? What happened to the pound on Black Wednesday? How does Black Wednesday relate to Brexit?
- Black Wednesday: Definition, Causes, and Role of George SorosBlack Wednesday refers to September 16, 1992, when the value of the British pound collapsed. The government's attempts to stop the pound's slide were futile.
- Black Wednesday - WikipediaBlack Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate Mechanism (ERM I), following a failed attempt to keep its exchange rate above the lower limit required for ERM participation.
- How Did George Soros Break the Bank of England? - InvestopediaGeorge Soros is said to have "broken" the Bank of England and precipitated "Black Wednesday" in the U.K. in September 1992 as a result of massive bets he made against the British pound.
More
