Baht hits one-year high against dollar

The baht hit a one-year high against the US dollar yesterday, tracking emerging-market currency strength as fading prospects of a US rate increase revved up investor appetite. TMB Analytics vice-president… TMB Analytics vice-president Jitipol Puksamatanan said the baht’s passing of 34.76 against the greenback was a new high in a year, with capital inflows registering in domestic equities identified as the…

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