Black Wednesday - 16 September 1992
Black Wednesday,16 September 1992. The UK Conservative government was forced to withdraw the Pound from the European Exchange Rate Mechanism (ERM) due to pressure by currency speculators — most notably George Soros, who made over US$1 billion from this speculation. In 1997 the UK Treasury estimated the cost of Black Wednesday at £3.4 billion.
http://en.wikipedia.org/wiki/Black_Wednesday
http://news.bbc.co.uk/onthisday/hi/dates/stories/september/16/newsid_2519000/2519013.stm
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: 18/05/07 18:45
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The drop in the exchange rate is affecting my pension.
www.costablancaclubs.com Video Vault. Richard Bass gives advice on the matter of the dropping exchange rates and what effect this will have on your pensions.
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: 13/05/08 10:59
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Why do I not get the exchange rate that is shown on tv?
www.costablancaclubs.com Video Vault. Richard Bass tells you why you never get the exchange rate as shown on tv.
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: 13/05/08 11:43
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