1. At the same time, investors outside the country who own Thai stocks and bonds will be burned unless they hedged against the risk that the baht would weaken. 2. Concern that the baht could weaken further against the dollar has caused investors -- Thai and foreign -- to shift deposits from baht to other currencies. 3. More companies were buying the dollar for debt repayment on concern the baht could weaken further and make their debts more expensive. 4. The Thai baht weakened for a sixth day on the news Finance Minister Tarrin Nimmanahaeminda will spend the weekend in Singapore talking to bankers. 5. What is more, investors outside the country who own Thai stocks and bonds will be burned unless they hedged against the risk that the baht would weaken. 6. If the economic crisis deepens, the baht weakens further and liquidity tightens further, then asset quality would become an even more serious problem. 7. Some dealers said trading is thin as investors wait for the baht to weaken further before buying more Thai stocks. 8. The Thai baht also weakened further against the dollar. |