ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Thai baht hits 5-year low as China curbs foreign travel

Beijing's COVID clampdown dims recovery outlook for Thailand's tourism industry

Thailand lost nearly all of its tourist traffic from before the pandemic.   © Reuters

TOKYO -- The Thai baht tumbled Friday to a five-year low against the dollar as the country's vital tourism industry faces poor prospects of drawing visitors from China, which is discouraging overseas travel.

Thailand's currency entered 34.70 baht-per-dollar territory, the weakest since May 2017.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more