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Baht strengthens past 33 per dollar, may continue

2d ago2 sources

The baht has appreciated beyond 33 baht to the dollar, reaching a six-week high, due to softer US economic data and US-Japan intervention to support the yen. Economists forecast the baht could strengthen further to 32.70 per dollar, which improves the purchasing power of expats' foreign-sourced income and savings.

Worth knowing about.

Sources