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Showing results for tags 'financial crises'.
Found 2 results
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The Asian Financial Crisis is said to have started in Thailand, after the Thai Baht dropped in value after the Thai government's decision to remove its peg to the US Dollar. The contagion effect spread to other Asian countries (such as South Korea, Japan, and Indonesia), and required assistance from the IMF and World Bank before currency prices started to stabilize.
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What I am interested in knowing is whether the current market situation such that it will be following some trends. There are events which affect markets out of no where!
