The Thai baht rose today, together with other Asian currencies, on the speculation that the growing economy and increasing interest rates will draw inflows of foreign funds in the nation’s economy.
Pheu Thai party won a clear majority in the elections last week, easing concerns about political unrest. The
USD/THB fell from 30.32 to 30.25 as of 15:39 as of 15:39 GMT today after falling to 30.12.
If you have any questions, comments or opinions regarding the Thai Baht, feel free to post them using the commentary form below.