Thailand continues to step up measures to bolster its economy amid the fallout from the coronavirus outbreak
I would expect more countries to do the same in due time but it doesn't help when people are still stuck in their homes instead of going out there to spend.
It has been quite a turnaround for Thailand since the start of the year. At the end of 2019, the economy was looking solid and the baht was somewhat unstoppable.
Fast forward to now, the economy is collapsing heavily as it is largely reliant on services and tourism, with the two being the major casualties of the coronavirus outbreak.
Meanwhile, the baht is the worst performing Asian currency this year - down by more than 5% against the dollar so far.
