Baht's strength to have have limited effect on exports

[Senechal]

[BANGKOK] The strength of the Thai baht is having a limited impact on exports, the central bank's assistant governor, Vachira Aromdee, said on Tuesday.

The baht's appreciation this year of up to 5.0 per cent was in line with regional peers, Ms Vachira said. "The baht's value has had a limited impact on exports and not as much purchasing power in partner countries," she said.

 

http://www.businesstimes.com.sg/government-economy/thai-baht-strength-has-limited-impact-on-export-central-bank-official

 

Yes, I'm sure she is correct. The strength in the THB won't have any effect at all on exports.

 

In other news prices will no longer have any bearing on demand. 

 

Everything is awesome.