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Thai Baht continues to weaken as Chinese tourists dry up and investors pull out due to novel Coronavirus

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Tourists aren’t the only ones staying away from Thailand since the outbreak of the novel coronavirus in Wuhan. Overseas investors are also pulling out. International funds withdrew $562 million from Thai equities last month, the biggest sell-off in the first month of any year since 2011, according to a data compiled by Bloomberg. More withdrawals are likely […]

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  • COVID-19

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