Thai Baht suffers 15-month low as other Asean currencies remain subdued on virus spike


BANGKOK July 16 (Reuters):The Thai baht languished at 15-month lows as the week ended and other Asean currencies also slipped on concerns over persistently high Covid-19 cases in the region muddying the recovery outlook for the trade and tourism dependant economies.

The baht was down 0.3% and set for its fifth straight week of losses with a more than 5% drop over that period. Bangkok stocks have shed almost 4% over the same duration.

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