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Strategies & Market Trends : Thailand

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To: Tom who wrote (439)	10/28/1998 11:20:00 AM
From: Julius Wong	Read Replies (1) of 457

Dow Jones Newswires -- October 28, 1998 SE Asian Currencies Stronger; Thai Baht Hits 52-Week High By BRIAN TRUSCOTT Dow Jones Newswires SINGAPORE -- The Thai baht's improbable climb to its highest level against the U.S. dollar in more than a year took center stage in Asian currency markets Wednesday. The U.S. dollar was trading at 36.88 baht (THB) in late trading, well down from THB37.37 Tuesday - and the dollar's lowest level since Oct. 17,1997. ... ... ... ... -By Brian Truscott; 65 421 4800; btruscott@ap.org Copyright © 1998 Dow Jones & Company, Inc. All Rights Reserved.

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