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Review of the year - 1992

UK crashes out of the European Exchange Rate Mechanism; formation of the North American Free Trade Area (NAFTA); Nintendo's success and a financial scandal hits India.

A look back at the main business headlines of 1992. The last 12 months saw currency turmoil in Europe with the UK crashing out of the European Exchange Rate Mechanism, the formation of NAFTA - the North American Free Trade Area, Nintendo's success and a financial scandal in India.

(Picture: Britain's Chancellor of the Exchequer Norman Lamont announcing the UK's withdrawal from the European Exchange Rate Mechanism. Credit: Βι¶ΉΤΌΕΔ)

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Βι¶ΉΤΌΕΔ World Service Archive

This programme was restored as part of the World Service archive project