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The 1992 Sterling Crisis | On This Day
Posted
September 16, 2024
Views
4,065
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78
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September 16, 2024
4,065
78
4
2.02%
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2:26Now PlayingLet's take a look back at this day in history. On this day, 32 years ago, in an iconic moment of national shame, the United Kingdom effectively abandoned its European currency peg. A decision made in the face of worsening inflation, increasing budget deficits and a relentless attack by currency traders.
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