Exports see surge as baht declines
Sector holds hope for the rest of the year
The weakening baht against the US dollar has propped up the export sector, which could register higher growth this year if Thailand can overcome challenges ranging from the ongoing pandemic to shortages of containers and labour.
Baht trading on Wednesday opened at 33.45 baht against the dollar, moving in a range of 33.34-33.47 during day trade before closing at 33.36 baht.
The baht has depreciated by 10.4% against the dollar so far this year, becoming Asia’s worst performing currency, according to a Reuters report on Tuesday.
Export boost
Chaichan Chareonsuk,…
