35.4 C
Bangkok
Tuesday, May 14, 2024

Easing political uncertainty pushes baht to 2-month high

Easing political situation is improving foreign investor sentiment

A foreign exchange counter in Bangkok. (Photo: Taweechai Tawatpakorn)

The Thai baht led gains among Asian currencies on Tuesday, scaling a two-month peak, as hopes of a resolution of a political logjam in Thailand and a softer United States dollar improved investor sentiment.

The baht surged 0.9%, while investors dealing in stocks remained cautious with…

Read more…

Latest Articles