FX VOICE: The politically burdened baht
Mar 17, 2014
FX VOICE: Curbing the baht
The strength of the Thai baht has caused concern among the country’s exporters but also investors who are fearful of the country's capital controls. What is Thailand’s best way to manage its currency? CT asks the experts.
Frances Cheung, senior strategist Asia ex-Japan, Credit Agricole CIB:
Bond inflows appear to be the major force behind the baht’s strength in recent months, given equity outflows and Thailand’s current account deficits.
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