$/Baht rate stabilises on Friday
Thai baht on Friday stabilised at 31.26-28 against US dollar.
According to Bank of Thailandâ€™s data, at 8.04am, baht slightly gained 0.03 per cent from the previous closing to 31.25. At the level, it was 0.22 per cent above the end-July level.
Treasurers expect it to trade in the range of 31.20-35. Factors to watch is the Bank of Thailandâ€™s release of latest economic indicators next week.
The currency on Friday weakended by 0.45 per cent to 41.7 per euro and 0.68 per cent to 32.11 per 100 yen.