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Showing 1 - 2 of 2 results for "Black Wednesday"

Understanding the present Chinese market rout: Western Asset

PROMOTED BY LEGG MASON  |  TUESDAY, 14 JUL 2015
... Composite Index (SHCOMP) has fallen 28% in a matter of weeks. On July 8, 2015 the SHCOMP lost 5.9% in what was dubbed "Black Wednesday," suggesting that recently announced market-supporting measures have had limited impact. Read more here.

Autumn Angst

BENJAMIN ONG  |  THURSDAY, 10 NOV 2011
... when the United Kingdom opted out of the Exchange Rate Mechanism (ERM) back in late 1992. In what is now dubbed "Black Wednesday" the British pound plunged by more than 4.2% on 16 September 1992 and by another 4.9% four days later. But it wasn't only ...
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