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| Bangkok blast: The Thai baht sinks to six-year low after bombing | |
| (about 1 hour later) | |
| The Thai baht fell by as much as 0.8% to 35.648 against the dollar, the lowest level since April 2009 and worse than during last year’s military coup. | The Thai baht fell by as much as 0.8% to 35.648 against the dollar, the lowest level since April 2009 and worse than during last year’s military coup. |
| Bangkok shares slumped by almost 3%, with tourism-linked companies such as Airports of Thailand and Central Plaza Hotel particularly hurt. | Bangkok shares slumped by almost 3%, with tourism-linked companies such as Airports of Thailand and Central Plaza Hotel particularly hurt. |
| Analysts warned that there could be more share sell-offs, which would again damage the currency, because the attack will ruffle the country’s tourism sector. | Analysts warned that there could be more share sell-offs, which would again damage the currency, because the attack will ruffle the country’s tourism sector. |
| Tourism accounts for about one-tenth of Thailand’s economy and is reaching its high season. | Tourism accounts for about one-tenth of Thailand’s economy and is reaching its high season. |
| The attack was carried out at the Erawan Shrine, which is a major tourist attraction, and resulted in the deaths of foreigners, including Chinese. | The attack was carried out at the Erawan Shrine, which is a major tourist attraction, and resulted in the deaths of foreigners, including Chinese. |
| The shrine is home to a gilded statue to honour the Brahma God, whose four faces represent kindness, mercy, sympathy, and impartiality. | The shrine is home to a gilded statue to honour the Brahma God, whose four faces represent kindness, mercy, sympathy, and impartiality. |
| Chinese shares also slipped in its late trading, down 6%, which rippled into depressed trading in neighbouring Asian stock markets. | Chinese shares also slipped in its late trading, down 6%, which rippled into depressed trading in neighbouring Asian stock markets. |