July 2, 1997
The Bank of Thailand floats the baht, triggering the Asian financial crisis.
Commentary
Commentary
On July 2, in the year 1997:
The Bank of Thailand floats the baht, triggering the Asian financial crisis.
The baht is the official currency of Thailand.
Why July 2, 1997 matters:
The Bank of Thailand floats the baht, triggering the Asian financial crisis.
What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.
Historical context: July 2, 1997
The 20th century brought rapid advances in health, communication, science, and technology that reshaped everyday human experience.
The event on this day: The Bank of Thailand floats the baht, triggering the Asian financial crisis.
Source: https://en.wikipedia.org/wiki/Thai_baht (Wikipedia, CC BY-SA)
Sources: Wikipedia (CC BY-SA)
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