The Thai baht rose today together with other risky currencies, but remains in a vulnerable position due to the unresolved political crisis in the country that erodes the appeal of the currency and endangers the nation’s economy.
Thailand — News Archive
February 07th, 2014 at 13:12
The Thai baht fell today, but was still heading to weekly gains as last weekend’s elections did not result in escalation of protests and violence, easing concerns about the political turmoil in the country.
February 03rd, 2014 at 10:43
The Thai baht gained today as yesterday’s elections in Thailand ended without any significant violence. The currency is still in danger as political turmoil persisted, endangering the country’s economy and spoiling the investing climate.
January 23rd, 2014 at 5:36
The Thai baht continues to show tremendous weakness as the political crisis in the country continues to escalate, making investors to take their money away from the country.
January 17th, 2014 at 12:44
The Thai baht dropped today as the political crisis is unfolding in Thailand, hurting the economy of the country and driving foreign investors away from nation’s assets.
December 23rd, 2013 at 23:56
The Thai baht fell today as the prolonged political unrest makes the currency very unappealing to investors, who do not like uncertainty and risks associated with social turmoil.
December 11th, 2013 at 14:03
The Thai baht advanced today as Prime Minister Yingluck Shinawatra took drastic measures to ease political tensions in the country, dissolving the parliament.
November 25th, 2013 at 10:00
The Thai baht slipped today as political tension was mounting in Thailand and people were protesting against the current government, demanding the Prime Minister to step down.
November 11th, 2013 at 15:20
Protests in Thailand were weighing on the baht as foreign investors were pulling out capital, concerned by the political unrest. Concerns about potential monetary tightening from the US Federal Reserve made the currency even weaker against the US dollar.
October 18th, 2013 at 13:34
Asian currencies rallied today as the debt crisis in the United States was resolved, at least temporary. Some of them kept gains, other retreated. The Thai baht was among losers.