On 2 July 1997, following repeated at tacks on its currency by international speculators, Thailand, one of Southeast Asia's four emerging "Little Tiger" economies, announced it was abandoning its attempts to protect the baht, and was adopting a floating exchange rate policy, to allow the currency to find its own level in the market.
八十六年七月二日，在國際投機客連番狙擊下，亞洲「四小虎」之一的泰國宣佈棄守匯市，改採讓市場自行決定的浮動匯率政策，引發了東南亞貨幣貶值風暴。