Thailand’s Credit Rating Outlook Downgrade Sparks Concerns Over Economic Future
Bangkok: Thailand’s credit rating outlook has been downgraded to negative, intensifying pressure on the baht and raising concerns over the country’s economic trajectory. According to Thai News Agency, the downgrade from “stable” to “negative” by Fitch Ratings highlights the economic slowdown and challenges within the government’s fiscal position. Siam Commercial Bank’s Financial Markets Division predicts the baht will trade within