Upward moves: A bank worker sorting baht notes in Bangkok. The currency’s appreciation is mirroring regional trends, observers say. — Reuters
BANGKOK: Thailand’s foreign reserves surge to a record high, driven by asset gains and Bank of Thailand (BoT) intervention to manage rapid baht appreciation.
The Thai baht remains a key focus for investors and businesses as it continues to appreciate, gaining more than 5% since the start of the year.
