Thailand's baht currency has slumped to a more than six-year low and shares fell in Bangkok over concerns an unprecedented attack in the capital could hit the vital tourism sector.
At least 21 people were killed and more than 120 wounded when a bomb ripped through a Bangkok religious shrine late yesterday, in what authorities said was the worst ever attack on Thai soil and targeted at foreigners.
The baht fell to 35.648 against the US dollar in early trading today, the lowest point since April 2009.
The attack comes after Thailand's economy slowed in the second quarter, hit by weak domestic demand and exports, with growth expected to be hampered this year by China's devaluation of the yuan.
AAP
authorities are searching for a man wearing a yellow , recorded on video leaving a backpack shortly before a pipe-bomb exploded two days ago near Erawan  Shrine, . 

The shrine is a popular attraction in Thailand's capital, where at least 20 people, including at least eight foreigners, are reported dead with upwards of 100 injured. 

The blast occurred at approximately 7pm on Monday  (1200 ), when central Bangkok was flooded with pedestrian activity. Authorities say the suspect may have already left Thailand and was assisted by others.

Following months of political unrest, since the explosion the  hit a six year low. 

According to Defence Minister Prawit Wonguwan speaking to , the bombing was a deliberate attack on the country's economy and tourism industry. 

Military authorities said  insurgents from the country's southern provinces are unlikely to be behind the attack.


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