Soros says pound could fall by over 20% on Brexit
Investing.com - George Soros said sterling could fall by over 20% against the dollar if Britain leaves the EU.
The billionaire investor said the impact of Brexit would be bigger than Black Wednesday in 1992.
Soros bet against sterling on Black Wednesday, when Britain exited the ERM and the pound fell 15%.
Brexit would have a “dramatic impact” on jobs and prices, Soros warned.
The referendum on Britain’s EU membership takes place on Thursday.
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