71. He said the Asian currency crisis had a spill over effect for investors in Latin America. 72. He would later help steer the country as an economic and currency crisis would swirl around the world, bludgeoning economies from Thailand to Brazil. 73. Heineken said the currency crisis in the Asia Pacific region affected the dollar exchange rate, rather than the guilder exchange rate. 74. However, the currency crisis in Asia has made it difficult for many companies there to raise funds. 75. If the currency crisis that engulfed Thailand, Malaysia, Indonesia and the Philippines late in the summer had stopped there, it would have been easy to explain. 76. In recent weeks, the currency crisis that hit Thailand, Indonesia and Malaysia has spilled over into the stock markets of Hong Kong and Tokyo. 77. In LONDON, gold fell amid persistent concern over central bank sales and reduced demand in Southeast Asia because of the currency crisis there. 78. In Latin America, one of the hardest hit regions, stock prices rose despite concerns that a banking and currency crisis may be developing. 79. In Thailand, mounting loan defaults in the banking industry prompted the currency crisis. 80. In the spring, a currency crisis forced the government to devalue the crown, after Klaus had insisted that it would not be necessary. |
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