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Fitch downgrades Thai currency outlook


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[color:red]Fitch downgrades Thai currency outlook[/color]


International ratings agency, Fitch Ratings on Monday downgraded Thailand's currency rating outlook to negative from stable Monday on political uncertainty due to the prolonged anti-government rallies.


Fitch Ratings affirmed the long-term local currency rating for Thailand at "A-" and said Thailand's economic future remains gloomy due to unresolved political conflicts which hurts investment climate.




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