Baht gains, bonds rise | Bangkok Post: business

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Baht gains, bonds rise

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Thailand’s baht rose to within 0.2% of its level prior to Thursday’s coup and bonds gained on optimism a military takeover will bring stability after six months of political unrest. 

The currency gained as much as 0.43% to 32.46 per dollar, after trading at 32.40 immediately prior to the army takeover. It was 0.3% stronger as of 10.06am. The advance in government debt sent 10-year yields down two basis points to 3.775%.

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