Question

WHAT ROLE DID EXPECTATIONS PLAY IN THE ASIAN CURRENCY CRISIS

Answer 1

Answer:

Explanation:the massive desi lines and Domino effect on the region cancel that have occurred during the present currency Christmas have had huge impact on Asia play in Asia currency crisis that because of cities States expectra extra aspect of acceleration listening running running roll yol roll roll roll your sweet then please please please please follow me if you does not follow me that I will also not for you thank you

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Answer 2

The Asian currency crisis started in currency markets in South East Asia and soon spread to other parts of the markets and countries. The expectations were in the form of the role played by the International Monetary Fund for providing the necessary loans for stabilizing the economy.

Explanation:

• The Asian currency crisis started in Thailand which had taken on the the process of unleashing the Thai Baht from the US dollar and it lead to a number of issues of of currency devaluations and the burden of foreign debt that made the country effectively bankrupt begins when the collapse of its currency.
• Soon the crisis spread to other countries and most of Southeast Asian countries and Japan currencies started to slump in the free markets with devalued stock markets and other asset prices, and it led to a major rise in private debts.
• The various reduction in the region currencies and the imprecise loss of confidence of the investors in the Asian economies led to a sharp reduction in share prices in a number of Asian stock markets.

To know more about Asian economies

Identify the country that was first to liberalize its economy in the south Asian region

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