BANGKOK -- The Thai baht has reached its highest level against major currencies in years, threatening Thailand's competitiveness in foreign investment, exports and tourism, and placing significant pressure on the kingdom's newly appointed premier as well as on the incoming central bank chief.
While the strong baht boosts Thailand's purchasing power, it also increases the cost of investing in Thailand. (Nikkei montage/Source photos by Kosaku Mimura and Rie Ishii)
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