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Baht worst performer in Asia so far this year and dropping as Coronavirus fears threaten Thai tourism sector


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The baht has lost half of 2019’s gains in just a month, hit by emerging market outflows and as the spread of a flu-like virus in China threatens the country’s tourism sector. The baht was emerging Asia’s best performer last year, rising 8.8% against the US dollar. Since the start of 2020, the currency is […]

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