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Thai central bank fights uphill battle against strong baht
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.
PHOTO: BLOOMBERG
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...
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