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Thursday, May 16, 2024

Bangkok Post – Current account surplus returns in December

But overall economic growth at end of 2023 slow, says Bank of Thailand

Skyscrapers are seen beyond gantry cranes and shipping containers at Bangkok Port in Klong Toey. (Photo: Bloomberg)

Thailand recorded a current account surplus of $2.1 billion in December, reversing a deficit of $1.2 billion in the previous month, the central bank said on Wednesday.

Exports, a key driver of growth, rose 3% year-on-year in December from a year earlier, after a 3.9% gain in November, the Bank of Thailand (BoT) said in a statement posted on its website.

Imports in December fell 1.7%…

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