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Weak Thai baht good for exports, economy - Finance Minister

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BANGKOK : Thailand's weak baht is good for exports and the overall economy, Finance Minister Arkhom Termpittayapaisith said on Friday, adding the baht depreciation will likely affect margins of importers and push up costs.The currency has been hovering at its weakest level in almost five years against the

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I spent 2 months in Thailand since they opened up and i have saved nearly 50% of my personal expenses compared to staying in Singapore

And the more exports and the more manufacturing you can do here in Thailand, the sooner this great nation can be lifted out of poverty! Attract Foreign Direct Investment now! Japan did it, Taiwan did it, South Korea did it, China has done it in a big way. Now Thailand’s turn!

Weak? US Dollar is very strong these days - and to some extent THB followed USD up. I think that measured against a representative selection of currencies among Thailands trading partners THB is quite strong. Export to US may be doing better - but how about the world?

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