Thai Baht Drops Against Dollar
October 08 2009 - 11:29PM
RTTF2
The Thai baht declined to 33.42 against the US dollar during
early Asian deals on Friday. The next downside target level for the
Thailand currency is seen at 33.48. At yesterday's close, the
dollar-baht pair was quoted at 33.33.
Today, Thailand will release foreign reserves data for the week
ending October 2. Forecasts call for an increase of 132.8 percent
on year after the 132.3 percent annual jump in the previous
week.
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