20世纪90年代亚洲金融危机期间，一些国家经历了外汇危机，贬值和高利率使银行和企业资本流失殆尽，因为它们缺少足够的储备偿还外汇债务。
During the Asian financial crisis of the 1990s, some countries suffered foreign-exchange crises, in which devaluation and high real interest rates de-capitalized banks and enterprises, owing to the lack of sufficient reserves to repay foreign-exchange debts.