Soaring baht as the Thai economic spirit rises with one of the world’s lowest levels of inflation
Thai Examiner - Thailand's news for foreigners por Thai Examiner
Notas del episodio
Definitive US inflation data showing lower inflation figures interpreted by the markets this time as meaning the Federal Reserve might be more inclined to reduce the level of future interest rate hikes. This and signs of life from China that its economy may be ready to relaunch after a disturbing shutdown imposed by authorities to fight the pandemic, has been enough to send the baht surging against the US dollar since October 19th last.
James Morris reports from Bangkok.
Palabras clave
soaring baht as thai economic spirit risesthailands economy and currency thunders back in the last 3 weeks with the bahts value to the dollar soaring past barriers to hit 35 point nine three baht