I'm sure that I'm not alone in thinking this, but what on earth is maintaining the value of the baht at the moment?
Sure, the Dollar/Euro and other notable currencies have been hit by various factors for many months, but what is it that makes the Baht bombproof? How on earth, particularly over the last 2 months with the protests in BKK, which have intensified immeasurably during the past few weeks, can the baht increase in value against the major currencies? The only thing that I can think of is that someone is buying it. But who?
Any other country's currency would have plummeted with the events here, but no.
Anybody got a rational answer to this?