Thai baht weakening good for exports and tourism: Thailand PM

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Thailand‘s central financial institution is monitoring the weak baht, which was not solely dangerous for the economic system, Prime Minister Srettha Thavisin stated on Thursday.

Thai baht weakening good for exports and tourism: Thailand PM (Shutterstock)
Thai baht weakening good for exports and tourism: Thailand PM (Shutterstock)

The depreciation of the baht was good for exports and tourism, key drivers of Thai development, Srettha stated whereas in the USA. The federal government was not intervening, he added.

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