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Stock market crashes

  • 1998 Russian financial crisisIn the year before the crisis, the Central Bank aimed to maintain a band of 5.3 to 7.1 rubles per dollar. This policy meant that if the market exchange rate…
  • Japanese asset price bubbleOn the 22nd of September 1985, five nations signed the Plaza Accord in New York. Japan, the United Kingdom, France, West Germany, and the United States…