Baht below 32 amid protests

            At the open, it was 32.08 per dollar, weakening by 0.25 per cent from yesterday and 3.05 per cent from the end of October.

            It also weakened 0.34 per cent and 0.22 per cent against the euro and Japanese yen.

The currency is now traded at a two-month low, as the Finance Ministry could not raise as much as expected from bond sale.  Yesterday, the ministry sold only Bt37 billion of government-backed bonds.

According to the Public Debt Management Office, the bonds were also sold at a yield that was higher than market rates.

The baht yesterday fell to 32.110 per dollar, the weakest level since September 11. It managed to climb above the $/Bt32 level at the close. The Finance Ministry has been occupied by anti-government protesters since Monday.