Channel 4 News: George Soros

News report about European currencies and the recovery of the British pound after Black Wednesday, September 16, 1992, when the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) because of it being below its agreed lower limit. Features an i...

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Bibliographic Details
Institution:Open Society Archives at Central European University
Language:English
Subjects:
Online Access:http://hdl.handle.net/10891/osa:068105a6-9995-4b28-a537-96f0bb954f90
Description
Summary:News report about European currencies and the recovery of the British pound after Black Wednesday, September 16, 1992, when the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) because of it being below its agreed lower limit. Features an interview with George Soros who made over US$1 billion profit by short selling sterling.