Brexit Bet Makes Kazakhstan Better Than Soros
Soros didn’t bet against pound over Brexit, but the Central Asian nation did.
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Move over George Soros, Kazakhstan is claiming the title as the most prescient speculator in the pound.
The former Soviet republic’s central bank bet against the currency before Britain’s surprise decision to leave the European Union last month, Governor Daniyar Akishev said in an interview Friday. Soros, who famously broke the Bank of England in 1992, netting a profit of $1 billion, didn’t repeat that wager in the historic Brexit referendum, according to a spokesman.