Volatile times for the Thai baht
CURRENCY FOCUS
The currency's increasing importance is demonstrated by the fact that Reuters introduced trading of the baht against the US dollar throughout its electronic matching service, Reuters Dealing 3000 Spot Matching, earlier this month (FX Week, February 13).
On Friday, Thaksin Shinawatra dissolved parliament and called an election for April 2. As a result, the baht hit a high of 39.65 against the greenback, up from Monday's low of 39.20. This added to volatility that saw the unit fall 0.25% earlier in
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