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Is there any money in Forex? Wishes one question that lots us been recently asking ourselves recently. Here’s one of the largest forex hauls ever sold crypto currency . In 1992 the British Pound exchange rate versus other European currencies was fixed via bank of England. In order to to control it, your banker fixed their interest rate pretty high, comparable to your rate in Germany. This not fit however for your economic conditions prevailing in England. Germany had an established economy as well as the interest rates were comfortable reduce pressure of inflation. Britain was the actual world opposite situation, with its economy in the doldrums. A Hungarian immigrant identified this situation, decided that it was not to be able to last for too long and sold short 10 billion body weight. He made only one.1 Billion US$. His name is George Soros.
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