Baht slumps as protestors seek to block election


  • Economy
  • Monday, 23 Dec 2013

Thai anti government protester waves a national flag during a rally outside a stadium to register party-list candidates in Bangkok. The Thai baht fell to its lowest in almost four years on Monday as the political crisis grew more intractable as protestors try to scuttle the new election PM Yingluck Shinawatra has called for - AFP Photo.

BANGKOK: The Thai baht plumbed its lowest in almost four years on Monday as a political crisis grew more intractable, with anti-government protesters trying to block candidates registering for a February election that is looking increasingly uncertain.

Police estimated more than 200,000 protesters rallied across the capital on Sunday to demand Prime Minister Yingluck Shinawatra resign.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Thai , protest , election , Yingluck , Thaksin , baht

   

Next In Business News

Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Booming eCommerce bolsters consumption
Chemical recycling to reduce plastic waste
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules

Others Also Read