Currency Crisis

Asian financial crisis 1997 currency collapse showing Thai baht down 55 percent Indonesian rupiah down 80 percent and South Korean won down 50 percent.

Macroeconomic Trends and Analysis

1997 Asian Financial Crisis Explained: How Contagion Spread Across Borders

The 1997 Asian financial crisis explained: triggered by Thailand floating the baht, currency collapses across Southeast Asia led to the...

April 19, 2026