Kip Will Ride The Baht Towards 8,000 By 2009

April 2008
Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p7
Country Report
The article reports that Laok Kip will ride the Thai baht towards 8,000 by 2009. It states that kip will appreciate to Laotian kip (LAK) 8,500/dollar by end of 2008, and to LAK8,000/dollar by the end of 2009. However, the kip should develop a momentum of its own, as Laos boosts its exports and attracts further foreign investment.


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