Large withdrawal of funds from thailand affect baht-s value


Answer the following questions about the value of the Thai baht (the currency used in Thailand):

How do you think a loss of confidence in the Thai baht, evidenced by a large withdrawal of funds from Thailand, will affect the baht's value? Further, assume that Thailand's central bank wishes to prevent a withdrawal of funds from its country in order to prevent further changes in the currency's value. How could it accomplish this objective using interest rates?

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Microeconomics: Large withdrawal of funds from thailand affect baht-s value
Reference No:- TGS051249

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