Which of the following did not help Thailand maintain its peg against the dollar in the 1990s?

Question

Quizplus · Accepted Answer

Foreigners selling off new investments in Thailand would have put downward pressure on the baht and made it more difficult to maintain the peg against the dollar. The other options (borrowing from the IMF, buying baht on the foreign exchange market, and increasing interest rates) would have helped Thailand maintain the peg, as they would have increased the supply of dollars in the market and reduced the demand for baht, making it easier to maintain the fixed exchange rate.

Which of the Following Did Not Help Thailand Maintain Its