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Indian rupee plunges in a repeat of the 1997 Asian Financial Crisis

Posted on 28 August 2013 with no comments from readers

The parallels with the Asian Financial Crisis of 1997 are erie with currency values plunging against the dollar all over the place. Is Asia facing a similar economic meltdown this time around? The Inidan rupee continues to drop like a stone.

Bloomberg’s William Pesek discusses the similarities between the crisis in Asia currencies now compared to the crisis in 1997. He speaks to Zeb Eckert on Bloomberg Television’s ‘First Up’…

Posted on 28 August 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Hedge Funds, Investment Gurus, Media & Culture, US Dollar, Video Channel

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