United Kingdom leaving ERM

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:historical_event
gptkbp:alsoKnownAs gptkb:Black_Wednesday
gptkbp:cause speculative attacks on the pound sterling
gptkbp:currency pound sterling
gptkbp:date 16 September 1992
https://www.w3.org/2000/01/rdf-schema#label United Kingdom leaving ERM
gptkbp:impact change in UK monetary policy
increased skepticism towards euro adoption in UK
political embarrassment for UK government
gptkbp:involvedCountry gptkb:United_Kingdom
gptkbp:location gptkb:United_Kingdom
gptkbp:mediaCoverage widespread international attention
gptkbp:notablePerson gptkb:George_Soros
gptkb:John_Major
gptkb:Norman_Lamont
gptkbp:opposedBy currency speculators
gptkbp:relatedTo gptkb:European_Exchange_Rate_Mechanism
gptkbp:result UK withdrawal from ERM
losses for Bank of England
interest rate hikes
pound sterling devaluation
gptkbp:bfsParent gptkb:1992–93_ERM_crisis
gptkbp:bfsLayer 7