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One of the distinguishing features of currency crises and capital flight episode

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Easy question. I just do not have time to do it. Need it in 5 hours. There is another question to go with this.

Jul 31st, 2014

We can say that government of thailand tried a lot to maintain their currency rate, but after many efforts, they could not maintain their exchange rate for the baht. Currency was quickly depreciated by 20%. 

You may read here more - http://web.mit.edu/krugman/www/crises.html

Aug 1st, 2014

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