Khan Academy Static

This tutorial delves into how and why countries (usually their central banks) would want to keep other countries' currency in reserve. It then goes into why this sometime leaves the reserve-holding country open to a speculative attack (this is seriously high drama).

12510_Speculative_attack_on_a_currency.html

12508_Accumulating_foreign_currency_reserves.html

12512_Math_mechanics_of_Thai_banking_crisis.html

12509_Using_reserves_to_stabilize_currency.html

12511_Financial_crisis_in_Thailand_caused_by_speculative_attack.html