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Thai central bank fights uphill battle against strong baht

    Published Thu, Nov 26, 2020 · 09:50 PM
    Baht strength

    Bangkok

    THE recent US presidential election has had an immediate impact on Thailand's economy, causing the baht to spike vis-a-vis the dollar, and economists say this is bad news for Thai exports.

    In the three weeks between election day on Nov 3 and Nov 24, the baht appreciated 3 per cent against the US dollar.

    ThailandCurrencies

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