Black Wednesday

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Black Wednesday "is well known as the day that Soros broke the Bank of England and made over $1 billion,"[1] on September 16, 1992.

Great Britain responded by increasing its interest rate from 10% to 12% to 15% in one day.

References

  1. ↑ https://www.thebalancemoney.com/black-wednesday-george-soros-bet-against-britain-1978944
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