BANGKOK, June 12 : Thailand's exports of gems and jewellery dropped by 28.85% in April due to the global economic slowdown, the Gems and Jewellery Institute of Thailand (GIT) said on Monday. GIT deputy director Sumed Prasongpongchai said the financial crisis in the US and Europe had severely impacted the demand for gems and jewellery. Thailand's export of gems and jewellery in April was valued at US$450.81 million (15.63 billion baht), down 28.85% year on year, he explained, However, he said the total exports, including gold, was worth $1.

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