Asia’s Worst Currency May Extend Fall on Exposure to Oil Shock
A historic surge in oil prices is exposing the fragility of import-dependent Thailand, compounding pressure on an already weakening currency and raising the risk of capital flight, analysts say.
By Matthew Burgess · Bloomberg Markets
A historic surge in oil prices is exposing the fragility of import-dependent Thailand, compounding pressure on an already weakening currency and raising the risk of capital flight, analysts say.