Shippers: Exports down, baht too strong

4 December 2019
Bangkok Post
Exports
baht too strong / shipment figures / Thai Exports down

The Thai National Shippers’ Council predicts overall exports this year will be down 2.5-3% this year on earlier expectations, and wants the Bank of Thailand to stop the baht’s appreciation.

TNSC chair Ghanyapad Tantipipatpong said on Tuesday the forecast shipment figures were based on an exchange rate of 33±0.5 baht per US dollar.

Keep reading…

 Bangkok Post Reporter

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Shippers: Exports down, baht too strong

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