The Business Times
SUBSCRIBERS

Baht's strength hampers Thai drive for export-led growth

Rising forex reserves a sign that government has been selling baht to stem gains

Published Mon, Mar 6, 2017 · 09:50 PM

Bangkok

THAILAND'S popularity among bond investors is creating a headache for policy makers counting on exports and tourism to drive growth.

Some US$2.1 billion of foreign money has flowed into the nation's debt this year, making it the top destination among South-east Asia's emerging markets.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here