Thailand also started the Asian financial crisis, through being irresponsible, unreliable and unaccountable (corrupt), they could no longer defend their peg to the US dollar.
The Asian financial crisis started in July 1997, when Thailand stopped defending the baht after months of downward market pressure, causing the currency to fall quickly.The contagion spread quickly, with currencies across the region falling—some quite catastrophically.
https://www.investopedia.com/terms/a/asian-financial-crisis.asp#:~:text=The%20Asian%20financial%20crisis%20started,region%20falling%E2%80%94some%20quite%20catastrophically.
Thailand also started the Asian financial crisis, through being...
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Last
$1.58 |
Change
-0.010(0.63%) |
Mkt cap ! $407.2M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.57 | $203.1K | 128.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 3485 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.58 | 6843 | 3 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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$1.57 |
Change
-0.010 ( 1.29 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.58 | $1.57 | 13120 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
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