SET and baht sink but exports not worried | Bangkok Post: news

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SET sinks further, baht at 12-month low

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Thai shares slipped almost 2% Tuesday, extending Monday's 3.27% slump, while the baht weakened to a one-year low on lingering worries about the country's economic health after it entered into a mild recession in the second quarter. 

Thai Shares Have Plunged 5.18 per cent over the past two days but are still up By 0.72 per cent year-to-date. (Photo By Pattarapong Chatpattarasill)

Regionally, a new wave of emerging-market fund exodus has also been driven by concerns over the US Federal Reserve's potential stimulus tapering.

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