Jim Rogers did not warn that the pound could collapse “within weeks”

Perhaps the pound is not doomed after all. Yesterday I wrote that Jim Rogers, co-founder with George Soros of the Quantum Fund, had warned that the pound could collapse “within weeks”.

It turns out he said nothing of the sort:

I did not issue this nor did I say any of it. I am trying to get it corrected. It is outrageous.

In his emails to me, Rogers also points out that a year ago he was quoted out of context, as he said at the time.

It seems Rogers has been sadly misused, and I can only apologise for passing on the press released comments – readers can draw their own conclusions on why it was issued.

Still, I wouldn’t go buying sterling because of this.

FT dot comment

FT dot comment is no longer updated but it remains open as an archive.

Politics, economics, high finance and morality – this blog addresses the issues being considered by the FT’s comment team, and their thoughts.

FT dot comment: a guide

Christopher Cook is an FT editorial writer. Before joining the FT in 2008 as a Peter Martin Fellow, he worked for three years for the Conservative party.

Lorien Kite is deputy comment editor, a post he took up in 2009 after four years as a commissioning editor on the analysis page. He joined the FT in 2000.

Ian Holdsworth became assistant features editor in 2009 and was previously chief production journalist for the features pages.