George Soros has predicted Britain’s decline of the pound by 20% in the case of Brexit – RBC

The billionaire George Soros

Photo: imago / Götz Schleser

The billionaire George Soros, predicted the decline of the pound in the event of Britain from the European Union is much stronger than in the “Black Wednesday” in 1992. According to his forecasts, the decline may be such that the pound is almost equal to the euro

The American billionaire George Soros, who earned in 1992 at the fall of the pound during the “Black Wednesday”, believes that the output of the UK from the EU will even more serious decline of the pound. That forecast billionaire shared in a column published in The Guardian newspaper.

«I expect that this devaluation will be stronger and more destructive than a 15% drop, which occurred in September 1992, when I was lucky enough to receive substantial profits for their hedge funds by the Bank of England and the British government, “- he said,

he predicted that if the British vote for the exit from the EU, the pound will fall by at least 15% as well. perhaps, and more than 20% from its current level of $ 1.46 to below $ 1,15.

«If the pound sterling will fall to that level, then, ironically, one pound will cost about one euro – a kind of “accession to the euro”, which no one in Britain would not like “, – said the billionaire

« I want people to know what could be the EU exit the consequences before. they will vote, not after. Voting for the output of [country of the European Union] may lead to the fact that the week is over, “Black Friday” and the serious consequences for ordinary people, “- concluded Soros

The referendum on the exit of Britain from the EU will be held next Thursday, 23 June.. To this decision was made, it should vote for more than half participated. The latest survey, conducted by Survation, shows that in the UK out of the EU are the 42% of the population and against – 45%.