Baht rises to two-month high amid inflows | Bangkok Post: business

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Baht rises to two-month high amid inflows

The baht strengthened to a two-month high after international investors boosted their holdings of the country's assets on optimism growth in Southeast Asias second-largest economy will pick up this year.

The currency gained by the most in a week as global funds purchased $146 million more Thai equities than they sold in the first two days of this week and bought a net $366 million more government debt, according to...

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Your comments

  • Discussion 1 : 09/02/2012 at 09:09 AM1

    Oh dear! Sounds wonderful, big smiles, Share prices increase......and then.........!Bad exchange rates means people will not spend more, but will spend less on what will be seen by tourist as high prices due to less baht for their money.

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