Quote:
Originally Posted by indianmagicoil
Very true. The Thai economy is not all tourism & retail. Trade data from last month show exports were up. Euro now being hammered by Greek crisis. Is our MAS still wanting to keep the SGD weak to encourage exports? 555+ yeah would like to learn a thing or 2 on forex. Hedge the SGD against the THB, or izzit the other way around?
|
yeah actually thailand's economy is more than 60% export driven. Tourism contributes to their economy more than any other asian country but still only account to about 6% of GDP.