Thailand is struggling with a difficult mix of weak exports and domestic consumption, due to declining consumer confidence hit the country in recession. meanwhile thai bhat fell by 5.5% against the U.S. dollar. an additional problem of Thailand is the high credit growth. the high growth is only sustainable with high economic growth. India is facing a currency crisis. declining economic growth and the rise of inflation. meanwhile the rupee fell by 17% against the euro and the stock market index nifty lost is 22% against in euro terms. the depreciation of the rupee is caused by the large import of gold and especially the oil. in comparison with recent years, the growth economic is disappointed. investment and combating corrupt are essential for sustained growth. but that is where the bottleneck is.
Posted on: Fri, 23 Aug 2013 16:42:28 +0000
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