Thailand’s baht fell to a three-year low and stocks dropped on concern prolonged political unrest will damp investment and hurt the economy.
More than 1,000 anti-government protesters have surrounded Prime Minister Yingluck Shinawatra’s home in Bangkok, as she criticized the opposition Democrat Party’s plan to boycott a Feb. 2 election. Suthep Thaugsuban, who is leading the demonstrators, has vowed to thwart the polls, which were announced after Yingluck dissolved the parliament on Dec. 9 amid mass protests. The Thai currency has lost 4.6 percent in the past two months as the main stock index dropped 9.1 percent.