Monday, November 8, 2010

Strong Thai Currency Hurts Exporters



I found this news long time ago but, this news is one of the important new for me because if I study in college, I should know every thing about business and economy. This news is a great source and new for me. So, I choose this news, read it and try to understand it. However, the language of this news is so difficult and some word makes me confuse.

Strong Thai currency is hurting exporters especially for food and agricultural products. The council hope that central bank will monitor the dollar. Thai tourism is trying to find a new ways of developing new products while Thailand India are competition. Tourists are now heading to other countries. In this bad situation. Thai government is trying to pass it with out losing the income.

Because of strong Thai currency, every products and food in Thailand are more expensive. It is true that how can tourist want to come to Thailand when the price of foods and products are so very expensive. However, I think that it is not a big problem for thailand

from http://www.aseanaffairs.com/thailand_news/tourism/strong_thai_currency_hurts_exporters

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