111. Its foreign exchange restrictions have prevented the kind of speculative attacks that undermined other Asian currencies.
112. Its drop against the U.S. dollar accelerated Thursday when the central bank floated it, hoping to stem speculative attacks that recently savaged other Southeast Asian currencies.
113. It was the first Thai insurance company to fail since capital flight pushed the country into a liquidity crisis after the currency was floated under speculative attack last July.
114. Last month, Mahathir accused Soros of being behind speculative attacks on Southeast Asian currencies.
115. Last Monday, the Czech National Bank gave in to speculative attacks on the koruna and let the currency trade freely against the German mark.
116. Last week, Hong Kong stocks fell after authorities raised interest rates to ward off a speculative attack against its currency.
117. Mahathir said the Malaysian economy has shown signs of improvement since he pegged the Malaysian ringgit to the dollar and limited trading in the currency to prevent speculative attacks.
118. Lester Thurow claims that an inside trigger initiated the speculative attacks on the baht.
119. Meanwhile, Philippine President Fidel Ramos said he and Indonesian President Suharto have agreed to cooperate in fighting speculative attacks on Southeast Asian currencies.
120. Most currencies in Southeast Asia were trading lower on fears of speculative attacks on the Hong Kong dollar.