A strong baht must, all else being the same, reduce BOT appetite when it comes to interest rate increases. |
Regionally, the Thai market remains buoyant. Once the political tensions subside, more investment would be seen aside from the net buy of Bt90 billion in the first two months of this year. |
Thailand may end up without a functioning government for many months. |
The new government will have to be very careful in how it conducts itself. Under the circumstances it is not a representative government. |
They still have a positive view of the Thai market. |