Thai baht jumps nearly 1%; most Asian currencies, stocks mixed

Thai baht jumps nearly 1%; most Asian currencies, stocks mixed

The Edge Markets - World·2021-04-17 05:05

BENGALURU (April 16): The Thai baht firmed almost 1% on Friday, resuming trade after a three-day break, while most other emerging Asian currencies and share markets were largely mixed as investors took stock of economic data from the United States and China.

The Thai currency hit a two-week high after the US dollar weakened, although it could face some pressure in the near term as new Covid-19 cases in Thailand see a record jump.

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