Baht heads down again | Bangkok Post: business

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Baht heads down again

  • Published: | Viewed: 1,527 | Comments: 0
  • Newspaper section: Business
  • Writer: Oranan Paweewun and Wichit Chantanusornsiri
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The baht fell beyond 33 to the US dollar to nearly a four-year low yesterday on mounting jitters over domestic political tensions and the dollar's strength after a set of positive US economic data raised expectations the US Federal Reserve will continue its stimulus cutback. 

The currency hovered around 33.00/33.02 yesterday, down from 32.95/32.97 on Thursday.

India's rupee and the baht led declines in Asian currencies this week, Bloomberg data show.

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