Ann: Market Update, page-6

The Thai government have come out in the past month and talked about how the baht's strength is not good for their economy and how they are trying to change this. Here is a new article: https://www.thestar.com.my/business/business-news/2020/01/27/thai-baht-brought-back-to-earth-after-a-winning-year-in-asia.

"The currency’s 9% surge in the 12 months through December was more than double that of its closest rival, the Philippine peso. It was also a threat to the nation’s economic competitiveness that rang alarm bells in Bangkok. Bank of Thailand Governor Veerathai Santiprabhob put the market on notice in a recent interview that this year will be different."