Why The Baht Will Rise

June 2006
Asia Monitor: South East Asia Monitor Volume 1;Jun2006, Vol. 17 Issue 6, p1
Country Report
Country Report
The article reports on the increase of the Thailand's national currency baht against the U.S. dollar. The baht has strengthened by around 7.5 percent that shows an impressive gain among other Asian currencies. The Bank of Thailand monitored closely the appreciation of the baht and suggested that the interest rates even in short terms is a great factor in contributing to the economy.


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