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Bangkok Post

Business

Current account deficit of $400m reported in November

Deficit Bank of Thailand

Tourists enjoy a boat ride on the Chao Phraya River in Bangkok on Monday. (Photo: Apichart Jinakul)

The country recorded a current account deficit US$400 million in November after a revised surplus of $600 million the previous month, the Bank of Thailand said on Thursday.

Exports, a key driver of growth, dropped 5.5% year-on-year in November, the BoT the central bank said in a statement.

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