The Nation



Baht weakens to 31.22

Thai baht on Wednesday weakens on intensifying domestic instability and external factors.

The baht has weakened to 31.21-22 per US dollar, from 32.15-17 in the morning. At one point, it was as low as 31.25.

Treasurers attributed the weakening to domestic instability - following chaos at Parliament today as well as the rubber-farmer protest. Meanwhile, the situation is Syria is far from over. The US on Friday also schedules to announce the non-farm payrolls in August. Higher job creation could confirm that the US would pull back the monetary easing.

Comments conditions

Users are solely responsible for their comments.We reserve the right to remove any comment and revoke posting rights for any reason withou prior notice.