The baht continues to appreciate after foreign investors flow into the Thai stock market
The baht continues to appreciate after foreign investors flow into the Thai stock market
Blog Article
The baht has continued to appreciate, breaking through the 36 baht per US dollar level, as a result of foreign capital inflows into the Thai stock market and the recovery of tourism. Analysts view the baht's appreciation as a good sign for the overall economy, but it may also affect the export sector in the short term. The Bank of Thailand (BOT) is closely monitoring the situation to maintain currency balance.
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