Thai baht strength a risk to economy, says finance minister; 20 million foreign tourists expected in 2023

  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The business sector needs to hedge against foreign exchange risks, Finance minister Arkhom Termpittayapaisith told a ministry event.

The baht has gained about 2.7% against the dollar so far this year, becoming Asia's second-best performing currency.

While export orders are declining as global demand slows, Arkhom said Southeast Asia's second-largest economy is underpinned by a rebound in the crucial tourism sector, which should see more than 20 million foreign tourist arrivals this year.The ministry forecast economic growth at 3.8% this year, up from estimated growth of 3.0% in 2022.Article type: free

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités