Saturday, August 21, 2010

BOT : Strong baht not hurting economy

Wednesday 18 August, 2010

The strengthening of Thai’s baht is a problem that occurs in Thai’s economy now. But Bank of Thailand governor Tarisa Watanagase said there is nothing to worry about it. This situation doesn’t make any impact of Thai economy growth. Also she suggested that this is a good time for investors to invest in oversea business, because Thai economy is getting stronger now. Anyhow, there are a little of suggestions to importers and exporters to avoid exchange risk by using hedging.

In my opinion, a lot of people must concern about this news because I heard other news about the strengthening of Thai baht. It sometimes go down, and sometimes go up. We cannot find the stable currency. Many factors is involved in currency. So The economic has to try hard to get higher point to gain more investment.

Credit : http://www.bangkokpost.com/business/economics/191643/investment-may-not-reach-target


Vocabulary Analysis Results
AWL 01 ANALYSIS
Text wordcount = 138
Frequency of list words detected = 8
Rounded Coverage = 6%

Words found
economy = (3)
economic = (1)
exporters = (1)
factors = (1)
involved = (1)
occurs = (1)

AWL 02 ANALYSIS
Text wordcount = 138
Frequency of list words detected = 4
Rounded Coverage = 3%

Words found
impact = (1)
invest = (1)
investment = (1)
investors = (1)

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