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 |
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 Live’s Brad Smith breaks down stablecoins and how they work.
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.