TITLE

Kip Will Ride The Baht Towards 8,000 By 2009

PUB. DATE
April 2008
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p7
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
31380706

 

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