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Thai foreign debt rises to record high of US$119 billion in MarchThe Nation/Asia News Network BANGKOK -- Thailand's foreign debt rose to a record high of US$119 billion or 3.6 trillion baht in March, but the Bank of Thailand insists the country's external exposure is balanced by asset holdings.
May 11, 2012, 11:59 am TWN The central bank's data revealed that the outstanding foreign-currency debt of all sectors, except its own, showed an increase from the previous month. It attributed the increase mainly to burgeoning Thai investment overseas as well as international trade.
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