Thailand’s (BOT) target range of 1-4 percent. At the same time, core inflation was 0.45 percent. The Baht appreciated with an average exchange rate of 30.70 THB/USD compared with 31.58 THB/USD in the previous

foreign exchange as the US Dollar appreciated against the Norwegian Krone (NOK). However, during this quarter there were no impairments on Technical Goodwill, due to adjustments of production profile and

resulting in capital inflows to the bond and equity markets in emerging markets, including Thailand. Consequently, in 2017 the Thai baht appreciated by 10 percent from 35.82 THB/USD at the beginning of