US EditionStrong Baht, Thinner Nights - Foreigners Rethink Beer, Bars and Society in Pattaya
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When the baht is strong, the beers dwindle – foreign tourists scale back their nightlife as the exchange rate takes its toll. PATTAYA, Thailand – As the Thai baht appreciates, foreign tourists and long-term residents are feeling increasing financial strain – and this is increasingly being felt in the nighttime economy. On June 4, the baht closed at 32.69 to the U.S. dollar, slightly stronger than the previous close of 32.83. This modest apprecia…
·Pattaya City, Thailand
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