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Bangkok Post
Bangkok Post
Business

UNCOVERED: Baht on a tightrope - The Untold Story

A man walks past a currency exchange booth in Bangkok on May 19. Somchai Poomlard

Industry leaders have urged the government to carefully manage the baht to keep its value at a rate that will benefit both importers and exporters.

The baht was valued at 34.62 per US dollar as of May 9, representing a depreciation of 3.4% since the beginning of the year, its lowest value in five years.

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