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NOK Development vs THB and THB vs USD

Photo: Innovation Norway/Yngve Ask

We have been following the latest development of the Norwegian Krone currency exchange rate versus the Thai Baht and also the Thai Baht versus the US Dollar. The weakening of the Norwegian Krone has serious implications for Norwegian export to Thailand and similar implications for Thai companies working with Norwegian client bases. We have put together the enclosed graphs in order to help document the development and will keep them updated on a weekly basis until further.