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In 1992, when fund manager George Soros made $1 billion in a month by short selling the British pound and then bought them back after the pound fell by 10%. What financial product did he use (e. g. a forward contract, non-deliverable forward, futures, options, swaps ) ?
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In 1992, when fund manager George Soros made $1 billion in a month by short selling the British poun...
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