Gold’s Grip on Thai Baht Loosens After Government Warning
Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts to curb the baht’s gains may finally be taking hold.
By Matthew Burgess, Suttinee Yuvejwattana · Bloomberg Markets
Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts to curb the baht’s gains may finally be taking hold.