Crisis in Southeast Asia
Alternatively, the dollar can depreciate, and is worth less, if the number of yen it will exchange for decreases. Thus if the dollar depreciates to 115 yen, a single dollar buys fewer Japanese goods when the trade is made (McClintock, 1996, 15).

The market concept of "supply and demand" determines the exchange rate, in this case, the "supply" of the dollar versus the "demand" for the dollar. This is sometimes looked at as the "equilibrium value" at which the quantity of dollars demanded (by foreigners interested in doing business in the United States) just equals the quantity of dollars supplied (by US residents who want to do business in other countries.

With the Asian currency crisis much in the news, and a disturbing array of headlines discussing what seems to be an almost daily rush of bad news for financial advisors and managerial accountants, it is necessary to clear up what has really happened, and what that really means (Ball, Branegan, Gibson, & Satsuki, 1995, 46). This fluctuation in currency values is not the only problem facing international bankers today. Also discussed in this paper will be the fact that depositors are not content with the meager return from a savings account and are finding that they can do better elsewhere, in money-market or other mutual funds.

Corporate capital requirements are increasingly being met through bond issues and commercial paper--shorter-term IOUs issued by companies and held by investors. Banks are bu

 
 
2172
9
 
   
 
 
   
    Some topics in this essay  
 
    Tax Exposure | Gibson Satsuki | YD/1251 McClintock | Forward FX | National Bank | Online Haq | East Asia's | Summary Country | Economic Issues | Below Table | mcclintock 1996 | bank failures | currency crisis | exchange rates | international banks | exchange rate | bcci affair | national bank |   | asian currency crisis | haq 1998 | gibson satsuki 1995 | branegan gibson satsuki | ball branegan gibson | bcci affair 1992 |  
   
 
 
 
   
    Get Better Grades!  
 
   
 
   
 
   
    Saved Papers  
 
    Save your essays here so you can locate them quickly!  
   
 
   
    Testimonials  
 
   
"It's nice to be able to find information so quickly and easily."
Jillian T.
 
"I enjoy reading other writers papers to get their perspective on things. It makes writing my own paper so much easier."
Cindy A.
 
"I've used this site for 2 semesters and I'll be back next year for sure!"
Liz R.
 
"This site rocks! I got an A thanks to you helping with my writers block."
Sara B.
 
"I was in a real bind and your site helped me to come up with ideas for my paper."
Brian T.
 
 
   
 
 
Copyright © 1999 - 2014 CollegeTermPapers.com. All Rights Reserved. DMCA