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Search Result for “finance”

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ADVANCED NEWS

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.

ADVANCED NEWS

Stock market: Sudden fall & weak baht (update)

Jon Fernquest, Published on 12/06/2013

» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.