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Thai Baht Lower After Central Bank Cuts Borrowing Costs

The Bank of Thailand followed many other central banks of emerging economies in cutting its borrowing costs. The Thai baht suffered as a result of the monetary policy decision but managed to bounce versus the US dollar.

Political Protests Make Thai Baht Less Appealing

The Thai baht slipped today as political tension was mounting in Thailand and people were protesting against the current government, demanding the Prime Minister to step down.

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