Baht snaps 13-day rally, rupiah falls
Wednesday, July 18th, 2007Thailand’s baht fell yesterday, snapping a 13-day rally that brought it near a decade high, as Finance Minister Chalongphob Sussangkarn said the nation is considering allowing exporters to hold foreign currency revenue for longer.Chalongphob’s comments came after governor Tarisa Watanagase said on Monday the central bank will propose new measures to limit currency fluctuations. Prime […]