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Current account surplus of $0.4bn recorded in Aug

Tourists cycle on a path along the Chao Phraya River, Bangkok. (Photo: Apichart Jinakul)

Thailand recorded a current account surplus of US$0.4 billion in August, after a revised deficit of $0.5 billion the previous month, the Bank of Thailand (BoT) said on Friday.

Exports, a key driver of growth, dropped 1.8% year-on-year in August, the BoT said in a statement.

The economy continued to recover in August on the back of tourist spending while domestic demand slightly…

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