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Bangkok Post
Bangkok Post
Business

Chinese tourists can help pull baht out of political morass: analysts

FILE PHOTO: Chinese tourists with face masks watch a traditional Thai dance at Erawan shrine, a popular spritual landmark in Bangkok, on Jan 27, 2020. (AFP)

The baht slid to the lowest level since March last week but some believe it will bounce back in coming months.

The currency is poised to recover as an upsurge in Chinese tourists bolsters the nation’s finances, while any resolution to the political standoff that is dragging down Thai assets will likely lead to a relief rally, analysts say.

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