Straits Times Index
3,137.69 +26.04 (+0.84%) S&P 500
3,911.74 +116.01 (+3.06%) Dow
31,500.68 +823.28 (+2.68%) Nasdaq
11,607.62 +375.42 (+3.34%) BTC-USD
21,458.55 +18.46 (+0.09%) CMC Crypto 200
467.96 +14.06 (+3.10%)
USD/THB (THB=X)
| Previous close | 35.4500 |
| Open | 35.4500 |
| Bid | 35.2920 |
| Day's range | 35.2840 - 35.5110 |
| 52-week range | 31.7900 - 35.5700 |
| Ask | 35.3150 |
- Reuters SG
REFILE-EMERGING MARKETS-Thai baht nurses losses as cenbank holds rate
The baht was down 0.1% after easing 0.2% earlier in the session following the central bank's decision. The Bank of Thailand (BOT), however, raised its forecast for consumer price index to 6.2% in fiscal 2022, compared with its earlier view of 4.9%.
- Yahoo Finance Video
Crypto: Types of stablecoins and how they work
Yahoo Finance Live’s Brad Smith breaks down stablecoins and how they work.
- Reuters
Myanmar to accept Thai baht for border trade, eyes using rupee
Myanmar's military-controlled government has already said it would also accept China's renminbi as an official settlement currency. The arrangements would also help support economic recovery, the statement said, adding that – even with rising energy prices – Myanmar should record "modest" gross domestic product growth in the fiscal year ending October 2022. Myanmar's economy has slumped since the army overthrew an elected government a year ago and launched a bloody crackdown on opponents, with a struggle to impose order amid widespread civil unrest and armed resistance from pro-democracy militias and ethnic minority rebels.
