The currency crises were due to speculators and investors finding a lack of credibility on the part of governments in Latin America to defend
A currency crisis is situation in the foreign exchange markets where a currency suddenly or unexpectedly loses value relative to other currencies.
This section reviews four currency collapses that share common features: an overvaluation; large external deficits; lending up to the last minute; and a deep 75 頁
A currency crisis is defined as a speculative attack on the foreign exchange value of a currency, resulting in a sharp depreciation or forcing the authorities
A currency crisis is brought on by a sharp decline in the value of a country's currency. This decline in value, in turn, negatively affects an economy by
A currency crisis is a type of financial crisis, and is often associated with a real economic crisis. A currency crisis raises the probability of a banking