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Sunday, December 4, 2022

Market Update 17/10 | ThaiCapitalist

So during the shortened week the Thai market did finally wobble down, but more important is that the THB just weakened past 38. Ouch. And given that this incompetent government of the past 8 years has done nothing other than weaken the balance sheet and earnings of Thailand, there’s not much that the BoT can do other than smoothen out the volatility. Fun times! Now let’s see if there’s any further delays on True&DTAC and if there’s another trading opp!

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