A strong currency is part of the allure with Thailand, an important point when considering THD is not a currency hedged ETF, meaning investors should want to see the baht strong against the dollar.
Related: Thailand ETF Trekking Higher
Thailand’s economy and incomes have historically expanded faster and remained more stable under the three times the military led government, compared to the nine civilian ones.
“According to a recent IMF report, Thailand’s economy is projected to grow at 3.2% and 3.3% in 2017 and 2018, respectively. Inflation is expected to be at the lower end of the 1.5%–2.5% range by 2018. Thailand’s economy will continue to be affected by the external environment, domestic political uncertainty, and structural issues in 2017. However, the improved domestic and external demand is expected to boost activity in 2Q17,” according to Market Realist.
For more information on the Thai markets, visit our Thailand category.