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On 2/7/1997, the detonator of the financial crisis-the European MonetaryAsia started to burst out from Thailand and soon spread to other economies in thearea.The crisis makes the value for money of these countries reducefast and robust: the Indonesian Rupiah devalued 130%, copper Bath Thailand100% depreciation, Ringgit Malaysia lost 60% of ... ① is a country locatedin the area, the same strategies toward exports and thesame relative exports have created predatory pressure on the USD and influenceadverse to the domestic economy. May said the main price of the coinsin the region, the price of the strong euro and domestic exports declinedecreased due to the economic crisis that has led to the mentality held that Vietnam money willcontinuous devaluation.In addition, since 1996, volume L/C deferred rather large and mostdue in 1997 have increased the demand for foreign currency in the country to paydebt. At the same time, the supply of foreign currency from its foreign capital investmentNam also declined (in which causes stemming from the crisislooming) should also contribute to causing the pressure off the USD.
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