BANGKOK -- The Thai baht has soared to its highest level against the dollar since the current junta government seized power in a coup in 2014, jeopardizing the nation's exports and tourism-dependent economic growth just a month before the country's long-awaited election in March.
Markets
Thai baht soars to post-coup high, threatening local business
Junta's exports and tourism-centered economic policies come under fire in election race
Robust economic growth is one factor supporting the baht's rise. Thailand's gross domestic product in 2018 increased by 4.1% compared to the previous year. © Reuters
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