The THB has been the outperformer in the region. It has gained around 5.2% against the USD since the start

GBL: THB – No Curbs Yet FX Flash by Saktiandi Supaat FX Research The THB has been the outperformer in the region. It has gained around 5.2% against the USD since the start of the year. This is in contrast to the 0.8% gain seen for the whole of 2016. Ballooning current account surplus and strong inflows into Thai assets amid rising real yields differentials between UST and Thai government bond yields and relative political calm have been supportive of the THB ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@maybank.com.sg