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

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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.

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

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

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25 minutes ago, ginseng said:

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

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

Edited by daytripperz

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