2024-06-11 00:16:24 ET
Summary
- Thailand's political situation is pretty unstable, and markets are reacting to a corollary of that, which is a scramble to get political rate policy done at the central bank.
- The baht is down, and market reforms after some accounting incidents have led to a difficult 2023 and also the beginning of 2024.
- The market is also quite richly valued, led by the businesses that might have been interesting in a weak baht environment.
...
Read the full article on Seeking Alpha
For further details see:
THD: Baht Suffers From Governance Issues