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Bangkok Post

Business

Weak baht good for exports, economy, says finance minister

Arkhom Termpittayapaisith Thailand

A tuk tuk driver takes a rest while waiting for passengers in Samut Prakan province. (Photo: Somchai Poomlard)

Thailand's weak baht is good for exports and the overall economy, Finance Minister Arkhom Termpittayapaisith said on Friday.

The baht depreciation will likely affect margins of importers and push up costs, Mr Arkhom added.

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