NationThailand-Jan 25

The coronavirus epidemic in China and other Asian countries will be a key factor in affecting the Chinese economy and also Thailand this week and maybe the next, experts said. The virus has raised concerns about its impact on China’s economy, as well as the overall economic situation in Asia.

The baht appreciated at the beginning of the week and weakened towards the end. Thai tourism was expected to be hit by the coronavirus epidemic in China and other Asian countries. CIMB THAI bank predicted that the baht next week (January 27 to 31) would move within a range of Bt30.20 to Bt30.70 to the US dollar.

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