Thailand: Baht opens weaker, may drop further if China lockdown spooks investors
The baht opened at 36.66 to the US dollar on Tuesday, weakening from Monday’s close of 36.61. The currency is expected to move between 36.60 and 36.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicts. Poon speculated that a weakening dollar may slow down the baht’s downturn, but the Thai currency may drop […]
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