USD/THB: BOT cut tempers Baht strength – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/THB has bounced from key support at 31.00 after the Bank of Thailand unexpectedly delivered a second consecutive 25 bps rate cut to 1.00%.

USD/THB: BOT cut tempers Baht strength – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/THB has bounced from key support at 31.00 after the Bank of Thailand unexpectedly delivered a second consecutive 25 bps rate cut to 1.00%.

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