Emerging markets: Thai baht starts 2022 on firmer note and is at two-weeks high as most Asian FX slip on Tuesday (Jan 4)
Most Asian currencies weakened on Tuesday, with the Philippine peso and the Indian rupee leading losses, as the US dollar firmed to a near one-week high on bets of an early rate hike by the Federal Reserve, while the Thai baht appreciated modestly.
Source: thestar.com.my