06.03.2015 - Why this top-performing currency may falter
Thailand's baht has surprised markets by becoming one of the world's best performing currencies over the past year despite the country's political turmoil, but that could soon change, analysts said. "The strength of the baht has been puzzling coming as it has against a backdrop of political uncertainty, cyclical underperformance, looser monetary policy, the promise of easier fiscal policy and a strong dollar," Jonathan Sequeira, an analyst at Goldman Sachs, said in a note Tuesday...............................................Full Article: Source
Print