Baht breaks below 31 per dollar as capital inflows gather pace

Kasikornbank and Krungthai Bank said the baht could continue to strengthen on capital inflows, the export outlook and a surge of investment flowing into Thailand. — Reuters

BANGKOK: The baht has strengthened again, breaking below 31 baht per US dollar and marking its strongest level in a week, after Donald Trump’s global 15% tariff move weighed on the US dollar.

Kasikornbank and Krungthai Bank said the baht could continue to strengthen on capital inflows, the export outlook and a surge of investment flowing into Thailand.