smedly Posted May 16, 2019 Share Posted May 16, 2019 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 Link to comment Share on other sites More sharing options...
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