Thai Baht’s growth and strength begins to slow and lose momentum

[The Pattaya News]

The Thai baht’s heady gains are petering out, thanks to slowing growth and a central bank that’s bent on taming the currency’s strength. After clocking an 8% rise this year, Asia’s best-performing currency is losing momentum as easing U.S.-China trade tensions damp its appeal as a haven. Falling yields on local bonds and equity outflows […]

The post Thai Baht’s growth and strength begins to slow and lose momentum appeared first on The Pattaya News.

Click To View The Pattaya News Website

[Queef_Sniffer]

Will it be back up to 40 baht to $1 USD, by the time I visit next month?

[ginseng]

I hear that the Baht is set to weaken yet it keeps getting stronger.

[daytripperz]

25 minutes ago, ginseng said:

I hear that the Baht is set to weaken yet it keeps getting stronger.

Yup. And the small bounce us Brits got from the election has now gone 

Edited December 23, 2019 by daytripperz