focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … - absorbed the global shock by allowing greater exchange rate depreciation and comparatively less reserve loss. Despite the … relied primarily on exchange rate depreciation rather than reserve loss to absorb most of the exchange market pressure shock …

focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … - absorbed the global shock by allowing greater exchange rate depreciation and comparatively less reserve loss. Despite the … relied primarily on exchange rate depreciation rather than reserve loss to absorb most of the exchange market pressure shock …

focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … - absorbed the global shock by allowing greater exchange rate depreciation and comparatively less reserve loss. Despite the … relied primarily on exchange rate depreciation rather than reserve loss to absorb most of the exchange market pressure shock …

focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … - absorbed the global shock by allowing greater exchange rate depreciation and comparatively less reserve loss. Despite the … relied primarily on exchange rate depreciation rather than reserve loss to absorb most of the exchange market pressure shock …