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Baht Soars as Dollar Weakens | Thailand News
The Thai baht and gold are surging to three-month highs as the dollar weakens amid market skepticism over U.S. Treasury’s debt-buyback plan—seen as a failed attempt to calm fiscal fears. Investors are dumping dollars, pushing the baht toward 32 per dollar, while gold climbs even as the currency strengthens. With the Fed poised for multiple rate hikes, the dollar may rebound—but for now, markets favor gold and emerging currencies. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news…
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