haku: @indexterm devaluation / yhteensä: 80
viite: 24 / 80
Tekijä: | Miller, S. |
Otsikko: | Assessing the damage |
Lehti: | Euromoney
1998 : JAN, 1, p. 125-127 |
Asiasana: | MONEY CURRENCY MARKETS DEVALUATION |
Kieli: | eng |
Tiivistelmä: | The crisis in Asia is changing perceptions about almost every currency, and no-one is certain what will happen next. The author reports on uncertain times in currency markets. Since July, when the Philippines devalued its currency, Asian currencies have endured a brutal pounding, exacerbated by the Hong Kong stock-market bloodbath of October 28 and mounting evidence of Japan's banking-sector problems. Fearful of the risk of contagion, investors have been retreating from such places as Russia and Brazil where risks are particularly apparent. |
SCIMA