Thailand's baht traded 0.4% off a nine-month low and government bonds dropped as overseas investors reduced holdings of the country's assets amid a worsening global economic outlook.
The World Bank cut its 2013 growth forecast for developing countries to 5.1% from a January estimate of 5.5% and lowered China to 7.7% from 8.4%, according to a report on Wednesday.
China is Thailand's biggest export market after purchasing 12% of total shipments in the first four months of the year. International investors sold US$1.1 billion more Thai equities than they bought this month and pulled a net $205 million from bonds, official data showed.
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