The Thai Baht reached a new 6-year high. Here’s why it’s surging


BANGKOK: Thailand’s central bankers are finding it tough to stop the baht from surging.

The currency advanced as much as 0.3% on Friday to 30.187 per dollar, the strongest level since May 2013. That takes its gain to 7.8% this year, more than any of its emerging-market peers except Russia’s ruble.

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