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State of economy worse than initially estimated: BOT


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So if and and and then why would there be ?   Under all these above conditions PLUS the fact that millions of workers have lost their jobs while inflation

Wow worse then expected, who would have thought that!

Which country, at this time has a stronger economy than Thailand? most other countries are in far worse shape and have pledged billions to keep their populations from starving, Thailand has set up a f

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16 minutes ago, Misterwhisper said:

So if

and

and

and

then why would there be

?

 

Under all these above conditions PLUS the fact that millions of workers have lost their jobs while inflation soars, shouldn't the THB tank at least a little bit instead of strengthening? I just don't understand what is keeping it so high. It cannot be due to (foreign) investors parking their funds in the THB as a "safe haven currency" alone, can it?

No.

Interest rate now at all time low at 0.5%

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