The Thai baht (THB) has gained to its strongest level in 30 months as China's stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.
Thailand's currency THB may extend its recent declines to test support at last year’s low amid growing pressure on the central bank to cut interest rates, according to the US website Bloomberg.com.
The Thai Ministry of Industry is planning to increase revenue from plastic exports to 1.1 trillion THB from the current value of 650 billion THB in the next five years.