Debts Not Yet Discussed

AT the beginning of July 1997 there was a feeling of self-confidence: Indonesia’s fundamental economics were very strong. This was despite the fact that, at that time, the economic crisis had already claimed victims in Asia. The currency of Thailand was hit hard. In the beginning, US$1 was equivalent to 25 baht, but it then floated to 56 baht. The central bank of the Philippines did all it could to jack up the peso. Interest rates shot up from

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.