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 Bonds, Currencies & Commodities
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01 Nov 06 02:54
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Thai baht hits highest level in six years
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Business Day
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Aaron Jiang
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BANGKOK - Thailand's currency, the baht, appreciated to touch 37.10 to the US dollar on Wednesday's trading, the strongest in six years, since there is a capital inflow into the Stock Exchange of Thailand and the greenback has weakened against other currencies, according to money dealers.
The dealer at Bangkok Bank said the baht hovered around 37.10-37.15 to the dollar at the market close, up from 37.20-37.23 on the opening bell. He said the baht appreciation stemmed from the capital...
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