Niea Milwaukee 2009 Again

That baht moving in line with regional currencies-c.bank

Posted by TerranceV | Home, Lifestyle, Sports, Technology, Top Stories, Uncategorized | Posted on June 30th, 2011

BANGKOK, June 29 (Reuters) – Thailand’s baht is
moving in line with regional currencies, a senior central bank
official said on Wednesday, commenting on its recent weakness,
which dealers have attributed in part to outflows ahead of a
general election on July 3.

“The baht’s weakness is still in line with other currencies
in the region. Foreign investors are waiting for more certainty
about Thai politics and Greece’s debt,” Singchai Bunyayothin, a
senior official in the financial markets operations department,
told reporters.

The baht was at 30.86 per dollar on Wednesday, near its
lowest level in almost five months.

(Reporting by Kitiphong Thaichareon; Wriring by Orathai
Sriring; Editing by Alan Raybould)

Originally Published On: www.reuters.com – Original Article Here