Thai Baht closes at 34.18-34.21 against the greenback

BANGKOK, 15 June 2009 (NNT) – The Thai baht closed at 34.18-34.21 against the US dollar after the market ended this afternoon. The value of Thai baht fluctuated in a narrow range all day, and hit the highest at 34.13 and the lowest at 34.22 against the dollar.

Thai Baht in off-shore market closed at 34.08 against the dollar last Friday. The Baht at 8.20 am today fluctuated in the range of 34.09-34.13 in line with the US dollar currency. The US dollar appreciated today due to the positive reports on economic figures, which resulted in a depreciation of the baht.

The Thai baht is expected to trade slightly weaker tomorrow, and should fluctuate in the range of 34.15-34.30 against the dollar