Thailand: Weakening baht could reach new resistance level of 36.75: market strategist
The baht opened at 36.65 to the US dollar on Thursday, weakening from Wednesday’s close of 36.47. The currency is expected to move between 36.50 and 36.75 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht could continue to weaken as it had swept past its resistance level of 36.50 […]
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