Thai Baht: Staying Range-Bound For Now

November 2011
Asia Monitor: South East Asia Monitor Volume 1;Nov2011, Vol. 22 Issue 11, p1
Country Report
The article reports on the positive economic performance of the Thai baht in Thailand. It mentions that the Australian dollar and South Korean won suffered respective declines of 5.6% and 2.2% while the Thai currency depreciated only by 0.6%. It also notes that the country's strong account position was the cause of its resilience which improved in June 2011.


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