City Of London

Odey Says Pound Still ‘Vulnerable’ as His Fund Soars 140%

He says it will take a long time for the UK to tame inflation
Odey doesn’t expect emergency rate rises from the BOE

WATCH: The BOE could have become mired in “a game of cat and mouse” with the markets if it had delivered an emergency rate hike in response to the pound’s recent plunge, according to Rabobank.Source: Bloomberg

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By Nishant Kumar

September 27, 2022 at 7:33 AM UTC

Updated on

September 27, 2022 at 11:44 AM UTC

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Crispin Odey, the British hedge fund titan whose short bets on the pound had been a hotly debated subject ever since his support for Brexit, says the worst is not over for the currency.