Baht rises in line with Asian currencies
The baht opened at 30.13 to the US dollar on Tuesday, strengthening from 30.16 at close on Monday, Poon Panichpibool, Krungthai Bank’s markets strategist, said.
The strengthening of the baht was in line with the rise of other Asian currencies, after the US stimulus package was approved, he said.
He added that the baht would move in a range between Bt30.05 and Bt30.20 to the US dollar, as transactions were low at the end of the year.
