KUALA LUMPUR -- The depth of modern currency markets means a repeat of the 1997 Asian financial crisis is less likely, according to one of the political leaders who had to deal with its fallout.
Malaysia's former prime minister Mahathir Mohamad said a proliferation of currency-trading hedge funds and other players has made it harder to stage the speculative attacks of the kind he blames for triggering mayhem 25 years ago.