HaHa, Most of Thai’s analysts do not tell the truth that 1 of many reasons of depreciation of Thai Baht that breaks 36 Baht per USD is Thailand Fiscal Ministry will prints more money supply from many policies such as “The shitcoin Wallet” that gives 10,000 coin to all of Thai citizens who aged up 16 years old.
Another reasons are the interest rate in Thailand does not has a premium, it is less than the interest rate in Western Countries, and the deficit current account from the export decreasingly.
#Econ101 #SiamStr #Nostrich🏳️⚧️