The Thai baht weakened today after the central bank eased its monetary policy on concerns about slowing economic growth.

The Thai baht fell today, ahead of tomorrow’s central bank meeting, as persisting speculations about reduction of stimulus by the US Federal Reserve continued to undermine strength of riskier currencies.

The Thai baht advanced today, trading near the highest level since 1997. Other Asian currencies, except the yen, also advanced on foreign capital inflows.

The Thai baht gained today, reaching above 29 per dollar for the first time since 1997, as excessive quantitative easing in Japan led to capital inflows to other Asian nations, including Thailand.

The Thai baht went down today on speculations that policy makers will intervene to curb currency’s gains that may threaten the nation’s economy.

The Thai baht fell today on concerns that the Thai policy makers will intervene to curb appreciation of the currency, joining the so-called currency war.

The Thai baht gained today as the reelection of Barack Obama as US President made investors believe that quantitative easing will persist and inflows into emerging markets will continue.

The Thai baht fell today as Thailand’s central bank cut its growth forecast for this year, spurring fears that the external negative influences would overcome domestic economic growth.

The Thai baht dropped today, posting the biggest weekly loss this year. Foreign investors reduced holdings of the nation’s shared on fears that the crisis in Europe would slow global economic growth.

Thai baht fell today as nation’s Finance Minister Kittiratt Na-Ranong expressed concerns that the strong currency hurts Thailand’s economy and voiced his opinion that the central bank should ease the monetary policy.