Thailand: Baht advances as foreigners plough THB6.3 bn into short-term bonds
The baht opened at 33.45 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 33.48. The Thai currency is likely to move between 33.40 and 33.50 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the market is in a risk-on state which causes foreign […]
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