Essays Tagged: "Thai Baht"
International Economic
with the pegged exchange rate system were the first to be hard hit.In fact that the collapse of the Thai Baht in July 1997 was followed by an unprecedented financial crisis in East Asia. Thai governme ... lowed by an unprecedented financial crisis in East Asia. Thai government fixed the exchange rate of Thai Baht to US Dollars at a level of 24.70 Baht to one Dollar and this rate got fixed, not allowed ...
Subjects: Businesss Research Papers
Analysis of exchange rates for 5 currencies: USD, AUD,BAHT, RINGGIT, EURO
e fact that the exchange rate of MYR/EURO has been less volatile over the period of 2001-2004(June).THAI BAHTAccording to our calculations, the average MYR/100BAHT exchange rates over the period 2001 ... MYR/100BAHT exchange rates over the period 2001 to 2004 were 8.9497. Moreover, the peak value that Thai Baht reached over this period was 9.7862 and the lowest point recorded was 8.3015. The level of ...
Subjects: Businesss Research Papers
Case study: The collapse of the Thai Baht in 1997.
Identify the main factors that led to the collapse of the Thai baht in 1997.An export fed growth spurt spurred on huge investments in property. This in turn i ... increased property values. An already stressed stock market was further weakened by the collapse of Thailand's major bank (Finance One). This coupled with the unsustainable peg on the baht to the doll ... e peg on the baht to the dollar contributed to the collapse.Do you think the sudden collapse of the Thai baht can be explained by the purchasing power parity theorem?The PPP theory suggests that the p ...
Subjects: Businesss Research Papers > Case Studies
Marketing Mangement: Insead; One School, Two Campuses going to Asia.
issues: (1) a shortage of foreign exchange that has caused the value of currencies and equities in Thailand, Indonesia, South Korea and other Asian countries to fall dramatically, (2) inadequately de ... been occurring since early summer 1997. The first round was a precipitous drop in the value of the Thai baht, Malaysian ringgit, Philippine peso, and Indonesian rupiah. As these currencies stabilized ...
Subjects: Businesss Research Papers > Marketing
Asian economic crises: What were the causes and consequences? To what extent does their occurrence relate to globalization?
e international economy. The most seriously affected, albeit with varying degrees of severity, were Thailand, Indonesia, Malaysia, the Philippines, and the Republic of Korea. Three of these (Indonesia ... a, the Philippines, and the Republic of Korea. Three of these (Indonesia, the Republic of Korea and Thailand) were forced to seek emergency assistance from IMF.Thailand experienced some currency probl ...
Subjects: Social Science Essays > Economics
The Background of Asian financial Crisis
arch Methods123.1Limitations13Chapter 4Data analysis and Discussion14Background of each countries4.1Thailand144.2Indonesia174.3Malaysia174.4Philippines194.5Hong Kong204.6Data analysis21Chapter 5Conclu ... ial crisis.1.1The background of Asian financial crisisIn July 1997, the Asian financial crisis from Thailand to start, the Thai baht was devaluation at that time. Soon, it was followed affect the neig ...
Subjects: Social Science Essays > Economics > Economic History