Thailand’s Currency Crisis (IMF)
In 1997. 8. 5. Thailand request financial support to IMF (total amount $ 172 million).
Also in 1997, there are Capital Outflow by the hedge fund and Exhaustion of foreign exchange reserves. By carrying out the IMF’s Program, Thailand restored their trust in international society.
However, after IMF’s financial support, the Economics rate growth is turn in
대상국의 예기치 않은 사태로 인한
해외차입금에 대한 대금의 채무불이행 가능성
채무불이행에 노출되는 위험 정도라고 정의
Currency CRISIS
기업경영 및 금융부실로 인한
대외 경상수지 적자
외환보유고의
급격한 하락
외환차입의 어려움으로
외환시장 불안
환율의 급격한 상승
2010) (20th)
-Labor force : 38.43 million (2009 est.)
-Unemployment rate : 1.5% (2009 est.)
-Population below poverty line : 9.6% (2006 est.)
-Inflation rate (consumer prices) : 0.9% (2009)
√ Quantity of distribution more increases.
√ No tax – make more chance with other
country
√ Attracting more traveler means increase
of foreign currency
Crisis에도 그다지 타격을 받지 않았던 홍콩의 화폐제도는 무엇일까?
1. 홍콩의 화폐와 환율정책
1. 화폐명 (Currency name)
홍콩달러 (HongKong Dollor : HK$)
2. 환율정책(Exchange Regime)
1983년 10월 17일부터 현재까지 홍콩달러는 고정환율로 미국달러와 연계되어 있다. 현재 미국달러와 연계된 고정환율제도는
The currency used as
a reference in an international transaction
The currency used when setting exchange rate
The international pricing currency for products
traded on a global market
The key currency is usually issued by a stable,
developed country such as the United States.
Yale University Economist Robert Triffin
first stated the word “Key Currency”.
He think of the US