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Thailand's tourism minister blamed the baht's surge for reducing tourist arrivals and said he would raise the issue with the central bank. The concern highlights rising political pressure over the currency's gains.
Pressure on the central bank to weaken the baht could lead to policy easing, which affects Thai currency values and regional import purchasing power.
bloomberg.comPrim ChuwiruchJul 18, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
