Asian Financial Crisis

Asian Financial Crisis,

Asian Financial Crisis: What is the Meaning of Asian Financial Crisis?

  • You can define Asian Financial Crisis as, The Asian financial crisis, also known as the Asian Infectious Diseases, was the result of currency devaluation and other events that began in the summer of 1997 and spread to many Asian markets. Thailand's foreign exchange market initially failed after the government decided not to keep the local currency in US dollars (US dollars). Currency depreciation spread rapidly in East Asia, leading to a slump in equity markets, low imports and government disruption.

Literal Meanings of Asian Financial Crisis

Asian:

Meanings of Asian:
  1. Come from Asia or people of Asian descent.

  2. In relation to Asia or its peoples, customs or language.

Sentences of Asian
  1. Please note that I have absolutely no respect for any Asian, Asian or Asian product with this name.

  2. I doubt that Punjabi or a dozen other Asian languages ​​have that meaning.

Financial:

Meanings of Financial:
  1. Financial or financial status of an organization or person.

  2. In terms of finances.

Sentences of Financial
  1. You need to be careful about your finances, especially cash flow.

  2. Independent financial advisor

Synonyms of Financial

budgetary, fiscal, pecuniary, money, business, commercial, monetary, investment, accounting, economic, banking

Crisis:

Meanings of Crisis:
  1. A time of great difficulty, difficulty or danger.

Synonyms of Crisis

disaster, catastrophe, emergency, cataclysm, calamity