Thai ฿ on the rise

The Thai Baht is on the rise.  Hopefully it's only a temporary climb.
If you look at the five year trend.  We've been here before.
For me it means a cost of living increase.
For Thailand it means more expensive exports.
Exporters would prefer a devalued Baht.

In order to help their export economy, Japan recently devalued their currency slightly.
To which the Russians seem to be threatening a currency world war.