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2 comment(s). Last comment by Junichiro 2017-07-25 09:37

GGecko

1,937 posts

Posted by GGecko > 2017-07-24 17:03 | Report Abuse

read last week's the edge magazine - special pull out on the Asian Financial Crisis 1997/1998: lessons learnt, good reading materials, really good

Junichiro

2,051 posts

Posted by Junichiro > 2017-07-25 09:37 | Report Abuse

By the time the capital controls came into force, an important event took place. The Fed lower its interest rates n in response the currencies of those affected countries which did not implement capital controls such as Thai Bath, Won, Rupiah etc went upwards bringing the episode to an end.

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