Future of Sterling? – Western Financial Weekly by Reza Irani Kermani

Future of Sterling? By Denning Cox

April 2019 -Given the uncertainty of Brexit and the low interest rate environment, the British Pound has weakened against most currencies and particularly against the Greenback.

As most traders refer to it, “cable” is under pressure due to the fact that the UK government has made a mess of Brexit, driven major investors out due to new legislations targeting non-domiciles and a general lack of interest in the real estate market due to high stamp duties.

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Reza Irani Kermani – Founder Black Pearl Capital

Reza Irani Kermani studied at a French School, Lycée Razi until 1980. He continued his high school in Complexe Scolaire de Valbonne, Sophia Antipolis, Valbonne in France where he got his International Baccalaureate. He then travelled to Birmingham in the United Kingdom, where he studied Production Engineering and Commerce at the University of Birmingham. In 1989, upon receiving his degree in Engineering, he started work at Management Investment and Trade Ltd “MIT” in London as a Clerk. MIT was an affiliate of MKS Finance SA, based Geneva, a 24-hour bullion and foreign Exchange trading house. Reza became a trader in 1990 and was promoted to act as General Manager in 1991, when under his management, MIT became one of the largest trading entities in the world in foreign exchange with a daily turnover of $11 Billion.

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