The baht weaken is to use more money in foreign exchange, for example, bring cash to redeem the $ 30 1/subsequently, the baht weaken the baht will be increased to 1 million US dollars.
The factor that makes the soft money
.Weak baht. In case of large imported Thai, such as oil imports or import case material or machinery from overseas. Therefore, they will have to bring the baht to trade in foreign currencies. Demand for foreign currency in the currency would be higher. Market forces will cause the value of the baht weak down
.The impact on export and import, export of
. Would be great to export cheap goods because, in the eyes of foreigners, such as foreigners buy goods worth 30 baht. $ 1 money when the value of the baht currency weak foreign investment is less than US $ 1 to buy goods worth 30 baht.
Import. Will jeopardize the import because it will make imported goods expensive in like ever imported goods worth 1 dollar 30 baht. Subsequently, the baht weaken to make use of the baht more imported goods worth 1 dollar unchanged.
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