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In the meantime, the Bank of Thailand's deputy governor Bandid Ni-jatha-worn says Thai exports won't be affected by gains in the yuan. And that all Asian currencies are higher, so trade competitiveness isn't a problem. He adds that yuan gains will help Asian exports to China, where demand and economic growth are strong.
The deputy governor, also said it will help reduce trade imbalances in the long term. China was Thailand's biggest export market in the first five months of this year.