1.   A dropoff in exports and the collapse of the real estate market in Thailand led the Thai government to allow the baht to float, driving up the dollar.

2.   A fall in exports and the collapse of the real estate market in Thailand led the Thai government to allow the baht to float, driving up the dollar.

3.   Currencies in Thailand, Malaysia, the Philippines and Indonesia have been in a free fall since July when the Thai government allowed the baht to float.

4.   Last week the Thai central bank allowed the baht to float.

5.   Those projections could change, however, after the Thai government let the baht float against the dollar in early July.

6.   Those troubles, plus a current account deficit, forced the Thai government to let the baht float freely in July.

7.   After the baht float, Thailand has become more attractive to foreigninvestors in terms of production and labour costs.

8.   However, the economic crisis that has taken shape since the baht float has further delayed the hopes of listing.

9.   Just three days after Chavalit said he would not devalue the currency, the central bank announced it was allowing the baht to float.

10.   Just three days after Prime Minister Chavalit Yongchaiyudh said he would not devalue the currency, the central bank announced it was allowing the baht to float.