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Bomb attack impacts Thailand’s economy

Thailand’s Defense Minister, Prawit Wongsuwong, has said that Monday evening’s blast was intended to damage the country’s economy by targeting tourists. On Tuesday, the Thai baht fell 0.57 percent to 35.57 baht to a US dollar, the weakest in more than six years. The stock market also slumped as much as 2.8 percent in opening deals, the steepest decline this year, before paring some losses later in the session. The attack has left a scar not only on Bangkok residents, but tourists travelling in the country as well.

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