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Thursday, May 2, 2024

Bangkok Post – Thailand records current account deficit of $200 million

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Thailand recorded a current account deficit of US$0.2 billion in January, after a surplus of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Thursday.

Economic activity in January improved from the previous month due to rising exports, but was still growing slowly, the BoT said, adding that in February the economy was supported by consumption and tourism.

Exports in January climbed 7.2% from a year earlier while imports rose 1.5% year…

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