Outlook for new share offerings dim as foreign investors stay away amid political uncertainty
The baht fell more than 1% on Thursday following news that a parliamentary vote to select the country’s next prime minister would be postponed, while other emerging Asian currencies also lost ground as the dollar hit a four-week high.
The baht was down 1.1% after news broke that the next vote for PM could be at least another two weeks away, pending a ruling by the Constitutional Court about the legality of an earlier parliamentary decision.
The currency slipped…
