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Thai Baht Hits the Wall - Strength beyond this point could cripple tourism recovery, warn experts
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Thai Baht Hits the Wall - Strength beyond this point could cripple tourism recovery, warn experts
Empty Booths, Full Worries: As baht strengthens, foreign currency fades from Pattaya Beach. PATTAYA, Thailand – Thailand’s economic recovery, particularly in the tourism sector, faces a new headwind as the Thai baht edges toward unsustainable strength. As of the morning of May 22, the baht opened at 32.69 per US dollar—slightly stronger than the previous day’s close of 32.73. It has been trading sideways within the narrow range of 32.65 to 32.84…
·Pattaya City, Thailand
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