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There’s No Stopping Thailand’s Baht

  • January inflows to stocks set for biggest since 2016
  • Krung Thai expects the baht to rise to 31 by year-end
Baht Outperforms Regional Peers
Photographer: Brent Lewin/Bloomberg
Updated on

There’s no stopping Thailand’s baht.

Last year’s best performer in emerging Asia has rallied another 4.2 percent versus the dollar this year, the biggest gain in the region, and what’s driving its advance include a slew of local and foreign factors. Just to name a few: