Thailand’s trade dodged Covid-19 pain in the first quarter
The surprising trade strength earlier this year looks to be transitory, potentially giving way to a significant slump in the current quarter
Thailand: January trade growth beats expectations
We view January trade outperformance as a transitory blip. With Covid-19 poised to depress trade, tourism and the current account surplus this year, we…
Thailand: Baht’s reversal of fortune
We view 31-33 as a new higher trading range for the USD/THB rate in 2020 and we see it trading close to the top end of this range over the next three…
Despite a persistent large current account surplus, the Thai baht (THB) seems to have lost its lustre and has ended October among Asia’s worst…
Although the current account surplus is narrowing this year it’s still large enough compared to other Asian economies to sustain the positive…
Thailand: GDP growth beats expectations, again