• Short Summary

    In Bangkok this week, rumours that Thailand's Baht would revalue by as much as ten per cent swept the city.

  • Description

    1.
    GV Bangkok city
    3 ft

    2.
    Street scenes (2 shots)
    7 ft

    3.
    Bank of America (2 shots)
    12 ft

    4.
    Exchange rates
    14 ft

    5.
    Man talking to bank officer
    18 ft

    6.
    Money changer (3 shots)
    24 ft

    7.
    Man changing money
    29 ft

    8.
    Gas station (3 shots)
    35 ft

    9.
    VS supermarket (3 shots)
    42 ft



    Initials



    Script is copyright Reuters Limited. All rights reserved

    Background: In Bangkok this week, rumours that Thailand's Baht would revalue by as much as ten per cent swept the city.

    Financial observers cited the decline of the American dollar and the rising cost of living in Thailand as the main reasons for the widespread speculation.

    The American dollar was fetching around 17 Baht on Wednesday (11 July) as against 20 Baht the week before. Tourists in Bangkok were getting lower rates at most hotels.

    Tourism, rapidly becoming the country's most profitable industry, is unlikely to be affected by the fall of the American dollar -- according to the financial experts. They point out that most of the visitors to Thailand at this time of year come from Europe and Scandinavia, where the currencies are still maintaining their value against the Thai Baht.

  • Tags

  • Data

    Film ID:
    VLVA17D7C482CSZWLYNJ92S2H2SXU
    Media URN:
    VLVA17D7C482CSZWLYNJ92S2H2SXU
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    12/07/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:07:00
    Time in/Out:
    /
    Canister:
    N/A

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