Thai Economy Recovering


Thai Economy Recovering – according to Prime Minister Abhisit,the Thai economy should recover into black number towards the end of this year. Depending on exports and tourism, positive international trends should spark the Thai economy as well. In comparison with the first four months in 2008 , The GNP fell 7.1% in 2009. Tourism suffered a downfall of approx.45% which is not all due to the global recesssion.
The Thai baht will remain close to the Dollar with a controlledexchange rate of 34.10 and 34.50.