Baht strengthens slightly
The baht opened at 31.41 to the US dollar this morning (July 30), strengthening from yesterday’s close of 31.44.
The Thai currency is expected to move between 31.35 and 31.55, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities.Yesterday night (Thailand time), the US stock market recovered from relaxed polices, helping the S&P 500 increase by 1.2 per cent. However, the Stoxx Europe 600 decreased by 0.1 per cent from a strengthened euro and pound.
The Nation Reporter
