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Wide sell-offs bring baht down to lowest in 3 weeks
Wide sell-offs bring baht down to lowest in 3 weeks
WEDNESDAY, APRIL 01, 2020
The baht weakened to Bt33 against the greenback for the first time in three weeks yesterday as foreign investors in emerging markets continued to sell off their stocks and bonds, a currency trader said on Wednesday (April 1).Baht to maintain strength despite softening yuan: experts
Baht to maintain strength despite softening yuan: experts
MONDAY, AUGUST 05, 2019
The depreciation of the yuan against the US Dollar will not significantly impact the baht’s strength, but will cause investor sentiment to drop and leading to an outflow of capital from Thailand’s stock market, market experts and economists agree.