Baht stays firm, but funds inflows to determine direction
The baht opened at 30 to the US dollar on Friday, unchanged from Thursday’s closing rate.
The Thai currency is likely to move between 29.90 and 30.05, said Krungthai market strategist Poon Panichpibool.On Thursday night, the S&P 500 and Nasdaq indexes fell by 0.4 and 0.1 per cent, after initial jobless claims announced this week were almost 1 million positions. It was worse than what the market expected at around 800,000 positions.
The Nation Reporter
