Thailand: Baht expected to drift sideways due to Thai stocks, gold price
The baht opened at 33.35 to the US dollar on Thursday, unchanged from Wednesday’s closing rate. The Thai currency is likely to move between 33.25 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the baht would drift sideways. A factor that will cause the baht to strengthen is […]
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