Question 21 Which one of the following factor did NOT contribute to the 1997 Asian currency crisis that started in Thailand? Prior to the crisis, Thailand had borrowed huge sums of money in Thai baht a." h Thai borrowers were unable to meet their debt obligations Prior to the crisis, Thailand was running current account deficits Prior to the crisis, Thailand had borrowed huge sums of money in U.S. dollars and Japanese yen Prior to the crisis, Thailand had pegged its currency to the U.S. dollar