1992 Sterling Crisis

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:affectedArea gptkb:United_Kingdom
gptkbp:alsoKnownAs gptkb:Black_Wednesday
gptkbp:category 1992 in the United Kingdom
currency crises
economic history of the United Kingdom
gptkbp:cause speculation against the pound sterling
gptkbp:currency pound sterling
gptkbp:date 16 September 1992
https://www.w3.org/2000/01/rdf-schema#label 1992 Sterling Crisis
gptkbp:impact devaluation of the pound
loss of confidence in UK economic policy
gptkbp:legacy boosted reputation of currency speculators
political damage to Conservative Party
influenced UK policy on euro adoption
gptkbp:location gptkb:United_Kingdom
gptkbp:lossToUKGovernment over £3 billion
gptkbp:mediaCoverage extensive
gptkbp:notablePerson gptkb:George_Soros
gptkb:John_Major
gptkb:Norman_Lamont
gptkbp:relatedEvent European Exchange Rate Mechanism crisis
gptkbp:result UK withdrawal from the European Exchange Rate Mechanism
gptkbp:bfsParent gptkb:Black_Wednesday
gptkbp:bfsLayer 7