Thailand's Baht slips for the biggest weekly loss

Note: This section contains information in English only.
Source: Bloomberg
The Thailand's Bath depreciated by 0.2% to 29.89 per U.S. Dollar in early Bangkok trading session on Tuesday. That was the sharpest decline since January 31, 2013. Investors are concerned about the central bank decision to cut the key interest rate, as it would notably change demand for the domestic assets. According to analysts, the central bank will cut the rate in next week's meeting, in order to reduce fund inflows.
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Tue, 12 Feb 2013 08:54:03 GMT

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