Thailand's election results boost the baht and Thai stocks
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Glonghui, February 9th｜The Thai baht rose as much as 1.3% against the US dollar during trading, reaching 31.228 baht per dollar, leading the performance among Asian currencies. The Thai stock market once surged by 3.3%. Some strategists and economists stated that the victory of the ruling Bhumjaithai Party in Sunday’s election is expected to bring policy continuity, which should boost the country’s stock market and currency.
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