- Business News
Thailand sees influx of foreign investment as baht strengthens
Foreign investments are anticipated to continue flowing into Thailand’s equity market. This is driven by a significant appreciation of the baht since the beginning of December. Asia Plus Securities (ASPS) observed that the baht’s 3.26% increase month-to-date seems “disproportionate to some underlying fundamentals.” During this timeframe, the dollar index only weakened by 1.20%. This is interesting given that foreign investors…
