Image from The Nation Thailand/ANN
BANGKOK, Jan 27 (Bloomberg): The baht is set to extend its rally as the Chinese reopening buoys the outlook for tourist arrivals, helping propel Thailand’s growth this year to the highest in five years, according to the nation’s Finance Ministry.
The Thai currency is forecast to average 32.50 to a US dollar this year, stronger than the 36.68 the ministry predicted in October, officials said at a briefing in Bangkok on Friday.
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