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 Bonds, Currencies & Commodities
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20 Dec 06 23:07
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Baht drops most in three years
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Vipin Wilson
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Bangkok, Dec 21: Thailand's stock and currency markets have continued their volatile week after top politicians backed plans to limit the strength of the baht.
On Thursday, Bangkok's SET stock index fell 2.4%. It had plunged 15% on Tuesday but rebounded 11% on Wednesday.
The Thai baht fell 1.7% against the US dollar on Thursday, the biggest decline in three years.
The volatility followed central bank plans to limit the amount of money that could be withdrawn by investors.
Prime...
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