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The untold story of the world’s most resilient currency

Ruchir Sharma   •
©The Financial Times Limited 2020 Feb 13, 2023 / 01:20 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

After Thailand became ground zero in the Asian financial crisis, the baht achieved a long-running stability

Thailand remains among the most open emerging economies. Trade has risen from 80 per cent of GDP in 1998 to more than 110 per cent today. (Source: REUTERS/Damir Sagolj)

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