The Thai Baht Depreciates as Inflation Concerns and Oil Prices Rise: Impact on Credit Rating and Stock Market
The Thai Baht Depreciates Below 36 to the Dollar Amid Inflation Concerns The value of the Thai baht has rapidly depreciated, falling below 36 baht to the US dollar. This decline is driven by various factors, including soaring crude oil prices and the risk of a credit rating downgrade for Thailand due to government policies […]