Worries over economic recovery put pressure on the baht

Baht strengthens in opening trade

Baht strengthens in opening trade The baht opened at 31.44 to the US dollar this morning (July 29), strengthening from Friday’s close of 31.69. The Thai currency is expected to move between 31.35 and 31.85, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities. On Tuesday night (Thailand time), the S&P500 decreased by 0.6…