11. Since the baht was floated, interest rates have been kept high and private companies have had to shoulder a higher interest burden. 12. Suthep also said he suspected Chavalit picked a certain day to float the baht to help his cronies make money. 13. Thai telecom companies are losing money following the overheated expansion of the past three years that resulted in a foreign-exchange loss after the baht was floated. 14. The crisis began last year after Thailand floated the baht, dragging down currencies and pushing companies into financial ruin. 15. The crisis raced through the region last year after Thailand floated the baht, dragging down currencies and pushing companies in construction and other industries into financial ruin. 16. The deal only turned sour when the government floated the baht, making exports extremely lucrative. 17. The crisis was set off when Thailand floated the baht in July of that year. 18. The crisis began when the Thai baht was floated last July, sparking a steady decline in currencies across Asia. 19. The decision to float the baht instead of devaluation was the best option. 20. The top central bank officials discussed different options, ending up with floating the baht as the best option. |