BAHT

Asean Business

Bullish bets on Asian currencies agency, Thai baht leads pack

[BANGKOK] Buyers firmed their bullish stance on most Asian currencies over the previous two weeks, a Reuters ballot confirmed on Thursday (Feb 24), with lengthy bets on the Thai baht greater than tripling on hopes of an financial restoration amid dangers from geopolitics and the pandemic. The ballot of 12 market contributors confirmed lengthy positions within the Thai baht have…