(Bloomberg) — Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.The Bank of Thailand’s message for investors who view the baht as a safe haven amid the tension between the U.S. and Iran is simple: they’re misguided.The Thai currency has surged more than 6% against the dollar in the past year, putting pressure on the country’s export-led economy and prompting steps by the central bank to pare the appreciation.Central bank Governor Veerathai Santiprabhob told reporters Tuesday headwinds for the currency include the Thai economic slowdown and the fact the baht has …read more
Source:: Yahoo Finance
