8 Oct 2021
Financial Markets
The Baht hit a new 4-year low of THB33.99/USD during the week of Oct 4-8. The Baht fell in line with other regional currencies, as the US dollar rose along with US treasury yields, boosted by stronger-than-expected US ISM Services Index, ADP employment and Jobless Claims reports. The US dollar also gained on expectations for a tighter monetary policy from the Fed after the rising global oil prices triggered concerns about inflationary pressures. ... Read more
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27 Nov 2017
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27 Dec 2005