PREVIEW

... no basis for the devaluation of the baht.

In the eyes of foreign capital, all of this is a threat and intimidation by foreign powers and China's cadres.

In the past two weeks, domestic capital has tested many tentative attacks in the Thai baht forward and spot markets.

Although they are all on the verge of retreat, international capital has still tested the bottom line of the Bank of Thailand.

The Bank of Thailand will intervene whenever the forward market baht hits ...

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