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  2. Thai baht - Wikipedia

    en.wikipedia.org/wiki/Thai_baht

    From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. [9] [10] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis.

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. Thailand and the International Monetary Fund - Wikipedia

    en.wikipedia.org/wiki/Thailand_and_the...

    The Thai government initially attempted to protect the Baht by buying it back and expending its international reserves, but was ultimately forced to float the currency. [6] In August 1997, the IMF unveiled a relief package for Thailand that would offer a total of 17.2 billion US dollar's worth of bilateral and multilateral assistance.

  5. Template:Most traded currencies - Wikipedia

    en.wikipedia.org/wiki/Template:Most_traded...

    Currency distribution of global foreign exchange market turnover [1. Currency ... Malaysian ringgit: MYR: RM: 0.2%: 0.2%: Colombian peso: COP

  6. History of Thai money - Wikipedia

    en.wikipedia.org/wiki/History_of_Thai_money

    The history of Thai money used as a medium of exchange and to settle accounts before the adoption of Thai baht coins and banknotes include novel designs and forms. For Thai people, money was considered as the symbol of civilization. Currency itself reflected faith in religion, culture, the customs and traditions of each era and also serve as a ...

  7. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.

  8. 1997 Asian financial crisis - Wikipedia

    en.wikipedia.org/wiki/1997_Asian_financial_crisis

    Originating in Thailand, where it was known as the Tom Yum Kung crisis (Thai: วิกฤตต้มยำกุ้ง) on 2 July, it followed the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar.

  9. Malaysian ringgit - Wikipedia

    en.wikipedia.org/wiki/Malaysian_Ringgit

    The currency's value fell from an average of 3.20 MYR/USD in mid-2014 to around 3.70 MYR/USD by early 2015; with China being Malaysia's largest trading partner, a Chinese stock market crash in June 2015 triggered another plunge in value for the ringgit, which reached levels unseen since 1998 at lows of 4.43 MYR/USD in September 2015, before ...

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