RHB | Thailand | Weakened Thai Baht, Fears Of 1997-Style Crisis Misplaced

Economic Research	27 Aug 2015
Thailand
Economic Highlights
Weakened Thai Baht, Fears Of 1997-Style Crisis Misplaced Despite the sharp drop, the Thai Baht is holding up relatively well compared to its neighbours Malaysia and Indonesia. The strength of the Thai Baht stemmed from a more resilient balance of payment makeup which is dominated by a larger share of current account balance and direct investment inflows compared to 1997. Economist:  Ng Kee Chou  | +603 9280 2179
To access our recent reports please click on the links below: 18 Aug 2015: 2Q GDP Growth Slows As Increased Government Spending Not Enough To Bring In The Private Sector 06 Aug 2015: No Move From The BOT After Sharp Fall In Thai Baht 04 Aug 2015:Consumer Demand Remain Weak As Deflation Persisted 04 Aug 2015: Both Money Supply And Loan Growth Eased In June, But Inflation Expected To Remain Weak 29 Jul 2015: Thai Manufacturers End 2Q On A Weak Note, Dragged By Broad-Based Softening 28 Jul 2015: Exports Surprises With Another Sharp Dive