Baht Falls Most in Two Weeks as Stocks Drop on Political Unrest
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Thailand’s baht fell by the most in two weeks and stocks dropped amid concern prolonged political unrest will deepen a slowdown in Southeast Asia’s No. 2 economy.
Prime Minister Yingluck Shinawatra said today an election set for Feb. 2 will proceed even as anti-government protesters blockade central Bangkok for a third day demanding her removal. Gunfire was reported and two people were injured near a rally at the city’s Patumwan intersection, Bangkok Emergency Medical Service said on its website.