Search Result for “zero-dollar”
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Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
Baht falls, bonds rise on growth concern
Published on 13/07/2012
» The baht dropped slightly this week despite a rally on Friday as concern that global growth is cooling clouded the outlook for Thai exports, which account for about two-thirds of the economy.