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economic policy

Featured Replies

Thailand does not manipulate the value of the baht currency in order to gain any competitive advantage for exporters

 

I believe that to be true.

 

Been the topic of discussion many times on TVF - the powers that be want a strong baht because they are investing overseas 

 

Thailand's primary earner is export and that includes tourism - yes tourism is an export even though it is done here - it involves the sale of services and goods in exchange for foreign currency - export, and accounts for probably upwards of 15% of GDP which is huge

 

But I bet it is getting smaller

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