Those gold shipments, however, are widening Thailand’s current-account surplus, helping drive gains in the baht that threaten a fragile economic recovery. The baht has rallied more than 9% from its low in April, a surge also due to U.S. dollar weakness, while gold is up 24% this year after hitting a record in August.



Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *