Bath erases three-day loss as foreign investors buy domestic bonds

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Source: Bloomberg
© Scanpix/AP
The Thailand's Bath increased by 0.1% to 28.90 per U.S. Dollar in the morning of Bangkok trading session on Thursday. The currency erased a three-day loss, as international investors enlarged their holdings of the domestic debt amid optimism the Thailand's economy is improving. Global funds purchased $2.2 billion additional debt than they sold in April through yesterday increasing this year's net buying to $12 billion.
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