Asian currency crisis erupts

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• Princes of the Yen whole source · open book

  In 1997, the currencies of the key Southeast Asian countries could not maintain their fixed exchange rates with the U.S. dollar. They collapsed by between 60 and 80 percent within the year.

  chapter: 17. The Asian Crisis and the Central Bankers

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• Richard Werner author of the source

Appears in 3 stories

• Asian crisis and the blocked Asian Monetary Fund step 4
• From Bretton Woods to the euro: monetary regimes around Japan step 10
• Princes of the Yen: Japan built, bubbled, and broken step 252

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