Thailand: Baht strengthens amid global trade recovery, mass bond purchases
The baht opened at Bt31.25 to the US dollar this morning (August 27), strengthening from yesterday’s close of Bt31.36. The Thai currency is expected to move between Bt31.10 and Bt31.30, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities. The US capital market hit another new high on Wednesday night (Thailand time). The S&P […]
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