Baht weakens on poor outlook
Thai baht on Tuesday opened 0.54 per cent weaker from the previous closing, to 31.53 per US dollar.
According to Bank of Thailandâ€™s data, at 8.26am, the dollar/baht level was 0.67 per cent weaker from the end-July level.
Baht also weakened against the euro and Japanese yen; down by 0.59 pe rcent from the previous closing to 32.27 per 100 yen and down by 0.52 per cent to 42 against euro.
Treasurers attributed the weakening to poorer-than-expected economic figures in the first half.