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Our greatest glory is not in never falling, but in rising every time we fall. - Confucius -

  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2018/12/13

A Southeast Asian Currency Is Set to Top 2018’s Emerging-Market List

Having a strong buffer in times of stress does pay off. Just look at the baht. The Thai currency has declined 0.6 percent to 32.785 against the dollar this year as of 2:20 p.m. in Bangkok Wednesday, the best performance among 22 major developing-economy currencies tracked by Bloomberg. A current-account surplus and ample foreign-exchange reserves helped offset headwinds from the Federal Reserve’s tightening path and escalating trade tension between the U.S. and China. -  Bloomberg


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