Following are some statistics for Malaysia, the Philippines, and the United States. Inflation Rates: Annual Rates in
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Inflation Rates: Annual Rates in Percent per Year
Exchange Rate per U.S. Dollar: Annual Average
In 1997, Malaysia and the Philippines suffered a severe currency crisis. Use the numbers in the preceding tables to provide a partial explanation.
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1991 1992 4.69 8.93 3.03 1993 3.57 1994 1996 3.56 1995 Malaysia Philippines United States 4.40 18.70 4.23 5.28 8.11 2.81 3.71 9.06 2.61 7.58 3.00 8.41 2.34
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