THAILAND BEGINS TO MOVE ON THE BAHT
– Bank of Thailand signals measures to counter baht strength.
– China fixes to a new USDCNY low; HKMA introduces liberalizing reforms for CNH.
– BSP holds on policy but enacts another 50bp cut in the SDA rate to stem inflows.
– Korean GDP boosted by government efforts and better net exports.
Click here to read the full report: FX Daily
Scotiabank