Thailand economy

Strong baht: currency that beats the world adds to challenges for Thailand’s economy in 2019

The baht has surged on Thailand’s $ 207 billion foreign exchange reserves, a current account surplus and a weak dollar triggered in part by the Federal Reserve’s recent conciliatory trend. An increase in the baht adds to the challenges facing Thailand’s trade-dependent economy this year. The baht’s rise of around 5% against the dollar over […]