Thai Baht Surges After Elections

eWallstreeter | eWallstreeter | July 3, 2011 6:50 pm

By Leigh Murray

The Thai baht rose after the opposition For Thais Party swept to a decisive election victory Sunday. While the stronger euro is also aiding sentiment, a Bangkok-based dealer said the market’s reaction is largely linked to the election, which investors hope will bring some stability, adding that “the government should…

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