The baht has been one of the better performing currencies in the region this year, gaining 4% against the US dollar and reviving fresh debate about the impact on exporters and the economy.
‘Thailand is the right place to be at the moment,’ says Mr Silva. SOMCHAI POOMLARD
The sluggish pace of economic recovery and ongoing ultra-loose monetary policies in the US, Europe and Japan, coupled with Thailand's own strong economic fundamentals and growth, makes further appreciation nearly inevitable.
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