Thai Baht set to weaken
Thai baht is set to weaken following foreign capital outflows from the stock and bond markets. The Thai baht today...
Thai baht is set to weaken following foreign capital outflows from the stock and bond markets. The Thai baht today...
The baht, which last week spiked up above Bt30 per dollar for the first time since January, will continue to appreciate because of expected higher exports and more foreign direct investment, boosted by the natural disasters in Japan, according to HSBC Global Research.
Businesses must steel themselves for greater exchange-rate volatility, says Bank of Thailand governor Tarisa Watanagase. Local businesses need to prepare for...
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