BANGKOK -- The Thai baht has plunged to a 15-month low against the dollar in the foreign exchange market as the delta-strain epidemic dims hopes among investors for an early recovery of the country’s tourism and economy.
Public and private researchers warn of risk of a double dip
The depreciation of the Thai baht is sharper than those of regional peers such as the Malaysian ringgit and the Philippine peso. © Reuters
BANGKOK -- The Thai baht has plunged to a 15-month low against the dollar in the foreign exchange market as the delta-strain epidemic dims hopes among investors for an early recovery of the country’s tourism and economy.