Thailand: Baht likely to ‘swing sideways’ under pressure from dividend transactions, gold sales
The baht opened at 33.81 to the US dollar on Thursday, weakening from Wednesday’s close of 33.76. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.75 and 33.90 during the day. Poon said the baht would swing sideways as it was pressured by dividend transactions and gold sales after investors […]
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