Baht rises most in three weeks | Bangkok Post: business

Business > Finance

Baht rises most in three weeks

- +

Thailand’s baht gained the most in more than three weeks and 10-year government bonds rose as data showed foreigners increased holdings of local debt. 

The nation plans to issue 113 billion baht ($3.5 billion) of notes this quarter, compared with 138 billion baht a year earlier, official figures show.

The baht rose, tracking yesterday’s gains in some regional currencies, after US jobs data that trailed estimates pushed back the expected timetable for borrowing-cost increases. Thai officials will meet today to assess the possibility of setting a date for general elections.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments