Baht breaks 29-per-dollar barrier | Bangkok Post: news

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Baht breaks 29-per-dollar barrier

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The baht jumped the most in 10 months, breaching 29 per dollar for the first time since 1997. 

Baht is gold... or so it seemed Tuesday as the currency broke the barrier of 29-per US dollar briefly, for the first time since 1997.

Demand for the nation's bonds rose amid unprecedented monetary easing in Japan. Stocks dropped to a two-month low.

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