Models tend to perform much more reliably for the historical ... which is more difficult to assess on the basis of a country-by-country analysis. 1 A currency crisis usually refers to a situation in ...

Financial dollars surged while global bonds witnessed a decline, indicative of deep market anxiety regarding the potential changes to the currency regime, especially as mid-term elections approach.

Abstract: Which model best explains the 1991 currency crisis in India? Did real overvaluation contribute to the crisis? This paper seeks the answers through error ...

This came after an 11-month hiatus, the root cause of which was an inability to repatriate $85m in revenues trapped in the country due to a grievous currency crisis. Emirates was not alone in ...