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Dictionary definition: Black Wednesday
- Article from:
- A Dictionary of Finance and Banking
Copyright© A Dictionary of Finance and Banking 1997, originally published by Oxford University Press 1997. (Hide copyright information)
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Black Wednesday
Wednesday 16 September 1992, when sterling left the Exchange Rate Mechanism (see
EUROPEAN MONETARY SYSTEM
), which led to a 15% fall in its value against the Deutschmark. ...
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Article: The Mark of the Bundesbank: Germany's Role in European ...
American Political Science Review;
December 1, 1999 ;
700+ words
... ... Bundesbank: Germany's Role in European Monetary Cooperation. By Dorothee Heisenberg ... Deutsche Mark Politics: Germany in the European Monetary System. By Peter Henning Loedel ... considerable autonomy under the both the European Monetary System (EMS) and its precursor ...
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