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Baht higher, at Bt33.47 per dollar

The Thai baht has continued its appreciation, with the new peak Tuesday morning at Bt33.47 against US dollar.



As of 10.45am (Bangkok time), the Thai baht recovered to Bt33.59-Bt33.62, according to a dealer at Siam Commercial Bank.

It is believed that the upcoming election has raised confidence among investors aside from the strong export growth as well as capital inflows to the stock exchange.

The Stock Exchange of Thailand on Tuesday remained bullish, with turnover so far at Bt14 billion. The SET Index has gained 2.97 points up, to 847.16 points.

- The Nation


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