Monetary crisis
A monetary crisis is a crisis which touches the currency of a country or a whole of country.
The foreign exchange rate of this currency then knows strong variation compared to the others currencies.
The effects on the economic situation of the country concerned (S) can be serious, for example, in the case of a crisis of confidence where it is the escape of the investors which caused the monetary crisis.
See too
- Financial crisis
- List of the monetary and financial crises
External bond
- “Origin, unfolding, and prevention of the monetary crises”, Olivier Davanne
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