Rising baht dampens rice exports in August Rising baht dampens rice exports in August
FRIDAY, SEPTEMBER 29, 2017
CHAROEN Laothamatas, president of the Thai Rice Exporters Association, said yesterday that growng strength of the Thai currency has negatively impacted on the country’s exports of rice and other farm products such as rubber |sheet, tapioca and sugar. These products have 90 per cent local content, so the baht’s rise makes them more expensive than those of our competitors.