Asian financial crisis, In the midst of the Asian financial

Asian financial crisis

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Reference no: EM1359234

In the midst of the Asian financial crisis, Malaysia's Prime Minister Mahathir Mohamad accused an international cabal of Jewish financiers of deliberately provoking the crisis to wreck Malaysia's economy. "Jews are not happy to see Muslims prosper," he said. Following his remarks, Malaysia's financial markets and its currency, the ringgit, plunged to record lows. Explain.

Reference no: EM1359234

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Asian financial crisis : In the midst of the Asian financial crisis, Malaysia's Prime Minister Mahathir Mohamad accused an international cabal of Jewish financiers of deliberately provoking the crisis to wreck Malaysia's economy.

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