For example, from February to May of 1997, the Thai baht was under pressure from selling short by international speculators who expected it to depreciate. But at that time many economists supported the official position of the Thai government that the baht was not overvalued, and that the Thai economy was strong enough to support it.
以泰銖來說，早在八十六年二月及五月，泰銖就在國際投機客看貶放空下承受過貶值壓力，但當時許多經濟學者都支持泰國的官方說法，認為泰銖並沒有高估、泰國有足夠的實力支撐其幣值。