41.   Economists and securities analysts had been calling for months for the government to either devalue the baht or let it float against other currencies.

42.   Facing flat export growth and a financial sector crisis, Thailand effectively devalued the baht in July, sparking a wave of speculative attacks against other Southeast Asian currencies.

43.   Further economic turmoil resulted after the central bank devalued the baht.

44.   Half the financial institutions have been closed due to bad debt and the government was forced to effectively devalue the baht in July, triggering a regional currency crisis.

45.   He also ruled out devaluing the baht or reshuffling his economic team.

46.   It would have to devalue the baht because of sluggish exports and a slowdown in the economy.

47.   Just days before the currency change, Prime Minister Chavalit Yongchaiyudh had vowed he would not devalue the baht.

48.   Just days before the currency change, Prime Minister Chavalit Yongchaiyudh vowed he would not devalue the baht.

49.   The resulting financial crunch eroded confidence and led to heavy speculation against the local currency, forcing Chavalit to devalue the baht in July.

50.   The value of its currency, the ringgit, has plunged nearly half in relation to the U.S. dollar since the Thai baht was devalued in July.