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Between early 1990s and the Asian currency crisis of 1997, many countries in Asi...
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Between early 1990s and the Asian currency crisis of 1997, many countries in Asia were fixing the exchange rate against the US dollar. 
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In
the aftermath of the Asian currency crisis of 1997, many Asian emerging
economies changed their exchange rate regimes from fixed to floating systems.
Assume that the figures below present exchange rate of five currencies (of countries A, B, C, D, and E) against the US dollar.
Analyse the figures below and identify which country or countries likely transitioned from a fixed exchange rate regime to a floating exchange rate regime around the time of the 1997 Asian currency crisis.
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