Thailand is in the throes of its deepest political turmoil in years, and while it's unlikely to have a long-term impact on the economy, it could keep foreign investors away for some time, analysts say.
Thai Prime Minister Yingluck Shinawatra on Tuesday faces a non-confidence debate in parliament, which she is expected to pass given her party's majority in parliament.
Still, the debate comes one day after anti-government protestors forced their way into the finance ministry in a growing bid to oust the prime minister, fueling concern about political risk in Southeast Asia's second biggest economy.
Against this backdrop, the Thai baht weakened to about 32.10 per U.S. dollar, its lowest level since early September. Thai stocks, one of the worst performing Asian markets this year, were steady in early trade Tuesday but near the previous day's over two-month low.