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Managing debt fastidiously is a serious focus for Bangkok-based sisters, Ms Mallika and Ms Chutima Areamnat. Both professionals, they determined to purchase a condominium together a number of years in the past and have already paid off their mixed mortgage. “Lowering rates of interest would possibly spur extra borrowing and exacerbate the problem,†she mentioned. Thailand’s recent currency scenario just isn’t isolated – the Indonesian rupiah, Malaysian ringgit, Singapore dollar and Chinese yuan have all additionally strengthened in recent weeks, a small potential silver …
