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Home > QFINANCE Dictionary > Definition of Black Wednesday

Definition of

Black Wednesday

Economics

09.16.1992 when sterling crashed Wednesday, September 16, 1992, when the pound sterling left the European Exchange Rate Mechanism and was devalued against other currencies

Definitions of ’Black Wednesday’ and meaning of ’Black Wednesday’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Black Wednesday’ and other financial terms with our online QFINANCE Financial Dictionary.

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