Thai baht weakening good for exports and tourism: Thailand PM | Travel - Hindustan Times
close_game
close_game

Thai baht weakening good for exports and tourism: Thailand PM

Reuters | | Posted by Zarafshan Shiraz, Bangkok
Sep 21, 2023 04:26 PM IST

Thailand Prime Minister Srettha Thavisin says Thai baht weakening not necessarily bad, good for exports and tourism

Thailand's central bank is monitoring the weak baht, which was not entirely bad for the economy, Prime Minister Srettha Thavisin said on Thursday.

Thai baht weakening good for exports and tourism: Thailand PM (Shutterstock)
Thai baht weakening good for exports and tourism: Thailand PM (Shutterstock)

The depreciation of the baht was good for exports and tourism, key drivers of Thai growth, Srettha said while in the United States. The government was not intervening, he added.

Hindustan Times - your fastest source for breaking news! Read now.

Catch your daily dose of Fashion, Health, Festivals, Travel, Relationship, Recipe and all the other Latest Lifestyle News on Hindustan Times Website and APPs
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, March 03, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On