The Thai baht strengthened to a four-and-a-half-year high of 31.55 baht per dollar.
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The Thai baht has climbed to its strongest level against the US dollar in four years, reflecting global currency movements and renewed investor confidence. While a strong currency can signal economic stability, it also presents challenges for exporters and tourism-dependent sectors that rely on competitive pricing. Analysts say the Bank of Thailand is now under pressure to carefully manage volatility without undermining broader economic growth. A stronger baht may increase the cost of Thai goods
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