Pound sterling
From The Art and Popular Culture Encyclopedia
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| + | "[[George Soros]] became instantly famous on [[September 22]], [[1992]], when, believing the [[Pound sterling]] was overvalued, he speculated heavily against it. The [[Bank of England]] was forced to withdraw the currency out of the [[European Exchange Rate Mechanism]], and Soros earned an estimated US$1 billion in the process. | ||
| + | He was dubbed "the man who broke the Bank of England."" --Sholem Stein | ||
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| # The [[currency]] of the [[United Kingdom]] | # The [[currency]] of the [[United Kingdom]] | ||
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"George Soros became instantly famous on September 22, 1992, when, believing the Pound sterling was overvalued, he speculated heavily against it. The Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism, and Soros earned an estimated US$1 billion in the process. He was dubbed "the man who broke the Bank of England."" --Sholem Stein |
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- The currency of the United Kingdom
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Pound sterling" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
