Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1998
Keywords: loans, interest, debt, financial institutions, credit risk
Having successfully weathered several bouts of speculative pressures, the Bank of Thailand on July 2, 1997 let the baht float. Its immediate depreciation triggered, in relatively quick succession, the deprec...