平心而论，完全弹性的汇率是不存在的，但该地区政府至少都排起了僵化的盯住美元政策。 盯住美元使得它们在1997年不堪一击。
None is perfectly flexible, to be sure, but the region’s governments have at least abandoned the rigid dollar pegs that were the source of such vulnerability in 1997.