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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.
Bloomberg News, Published on 27/12/2012
» Thailand's government bonds rose, sending the seven-year yield to the lowest level in more than two weeks, as demand for safer assets increased after budget talks in the United States stalled.
Jon Fernquest, Published on 26/12/2011
» Floods & slow global economy led to shrinking Thai economy in last 3 months of 2011. Exports in November fell by 12.4%, the worst in 2 years.