$/Baht rate stabilises on Friday

FRIDAY, AUGUST 16, 2013
$/Baht rate stabilises on Friday

Thai baht on Friday stabilised at 31.26-28 against US dollar.

 
According to Bank of Thailand's data, at 8.04am, baht slightly gained 0.03 per cent from the previous closing to 31.25. At the level, it was 0.22 per cent above the end-July level.
Treasurers expect it to trade in the range of 31.20-35. Factors to watch is the Bank of Thailand's release of latest economic indicators next week. 
The currency on Friday weakended by 0.45 per cent to 41.7 per euro and 0.68 per cent to 32.11 per 100 yen.