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Posted: 23 Feb 2013 | 6:00 am
Thailand's currency the baht looks set to appreciate throughout 2013.
As the baht has continued to flirt with the THB29 to US$1 level this year, strong capital inflows are continuing.
Authorities are concerned about speculation and inflation, though no clear measures are being taken to stop the surge.
In Phuket's real estate scene some developers such as Laguna Phuket have priced in US$ to assuage buyers fears over currency risk during the transaction period.
While in the secondary market some owners have brought down their pricing considering their initial purchasers was at a considerably higher exchange rate.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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