baht :

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baht

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  • n  the basic unit of money in Thailand

  • She taps out the figure in baht on a calculator and holds it up: 43,650.
  • Local custom is to round the fare up to the nearest five baht.
  • Others began posting 1,000-baht ($23) rewards for anyone who could treat Soros to one of the more infamous gestures of Thai hospitality: Hitting him in the face with a bag of .
News & Articles

Quotes

  • JP Morgan in Swissinfo
    The marked escalation in violence now further threatens the business climate, tourist receipts, capital flows, the stock market and the baht,JPMorgan Chase said in a research note.
  • Pridiyathorn Devakula in BusinessWeek
    This will prevent the flow of US dollars into bond market,Pridiyathorn said. "It will reduce the total amount of capital inflow and reduce pressure on the Thai baht."
  • Jaruvan Maintaka in guardian.co.uk
    The AEC tracked the money trail and found that more than 20 billion baht (£310m) was shifted to the accounts of companies instead of to individual accounts. AEC is set to freeze those accounts,auditor general Jaruvan Maintaka told reporters.

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