The Thai baht (Bt) was devalued by the Thai government from BT25/$ to BT29/$ on July 2,
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The Thai baht (Bt) was devalued by the Thai government from BT25/$ to BT29/$ on July 2, 1997. What was the percentage devaluation of the baht?
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Multinational Business Finance
ISBN: 978-0133879872
14th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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