Thailand: Baht weakens as exporters wait to offload dollar
The baht opened at 32.76 to the US dollar on Wednesday, weakening from Tuesday’s closing of 32.67. The Thai currency is likely to move between 32.70 and 32.85 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht will be pressured by a strengthening dollar and gold […]
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