Bangkok Broken. The Thai baht (THB) was devalued by the Thai government from THB25/$ to THB29/$ on

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Bangkok Broken. The Thai baht (THB) was devalued by the Thai government from THB25/$ to THB29/$ on July 2, 1997. What was the percentage devaluation of the baht?

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Multinational Business Finance

ISBN: 9781292270081

15th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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