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Baht falls below 37 to the dollar

The baht fell past 37 to the US dollar — its lowest since December 2006 — as several Asian currencies hit multi-year lows on Friday.

The baht was trading around 37.1 to the dollar in offshore markets on Friday afternoon. Locally, the weighted-average Interbank Exchange Rate was quoted at 37.011 at the close of business on Friday, according to the Bank of Thailand.

Source: Bloomberg

00:05:32