Baht rises fast in Asia




(Agencies) - The baht rose quickly against the US dollar in Asian deals reported on Thursday.

Compared to yesterday's New York session close of 34.20, the baht rose to 34.17 as of 4pm Thailand time, setting a multi-week high.

Analysts said that if the dollar weakens further, then 34.025 can likely be the next target level.
The US trade balance data for the month of August is expected later this evening Thailand time, a report that could affect the direction of the dollar.