Thai baht hits five-month high, can swing sideways after crossing support level
The Thai baht opened at 32.44 to the US dollar on Tuesday, strengthening from Monday’s close of 32.53, the highest in five months. The Thai currency is likely to move between 32.35 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht may stop strengthening and swing sideways because […]
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