Which of the following factors complicated the debt situation in the run up to the Asian crisis in 1997?

Question

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Much of the borrowing had been in U.S.dollars,as opposed to local currencies.Throughout the region,local currencies were pegged to the dollar,and interest rates on dollar borrowings were generally lower than rates on borrowings in domestic currency.However,if the governments could not maintain the dollar peg and their currencies started to depreciate against the dollar,this would increase the size of the debt burden when measured in the local currency.

Which of the Following Factors Complicated the Debt Situation in the Run