News Forum - Thailand’s baht leads Asian currency downturn amid China’s economic worry

[Thaiger]

Asian currencies experienced a downturn yesterday, led by Thailand‘s baht, as concerns heighten surrounding the recovery status of the global economy’s second-largest player, China. The baht plunged by a substantial 0.8%, marking it as the largest depreciation against the US dollar in half a dozen weeks. Across the waters of offshore markets yesterday afternoon, it … …

The story Thailand’s baht leads Asian currency downturn amid China’s economic worry as seen on Thaiger News.

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[Pinetree]

All good news for those of us paid in Pounds, Euro,  or Dollars

[palooka]

More to come I think.

Covid hit them harder than they were ever willing to admit, but like everything the truth comes out eventually. 

Another 10 points to go down at least.

[ChrisS]

Got a feeling it will get worse before it gets better.