You are here

Central banks devaluing currencies evoke memories of 1997 Asian crisis

Wednesday, December 23, 2015 - 05:50

London

THE pace at which central banks from Argentina to Azerbaijan surrendered their grip on exchange-rate policy this year is bringing back memories of the 1997 Asian currency crisis.  At least four dollar pegs have been abandoned and half a dozen others weakened as developing nations

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom