Thai baht weakening good for exports and tourism

Friday, September 22, 2023

Thailand Prime Minister Srettha Thavisin says Thai baht weakening not necessarily bad, good for exports and tourism.

Thailand’s central bank is monitoring the weak baht, which was not entirely bad for the economy, Prime Minister Srettha Thavisin said on Thursday.

The depreciation of the baht was good for exports and tourism, key drivers of Thai growth, Srettha said while in the United States. The government was not intervening, he added.

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