51.   A recent Goldman Sachs report predicting that the baht would be devalued within six months was cited as the basis for the renewed pessimism about the currency.

52.   Analysts cited as the cause of pessimism a recent Goldman Sachs report predicting the baht would be devalued within six months, despite repeated official denials.

53.   Prime Minister Chaowalit Yongchaiyudh told reporters on Tuesday that rumours that the baht might be devalued would fade when the economy showed obvious improvement.