Tuesday, April 1, 2008

April 1st, 2008

SGD: Pair traded with a heavy tone to low of 1.3765 but authorities quickly bid it up to 1.3800 where offers were strong. Should see support with USD strength but otherwise selling

THB: Central bank relaxed another measure where they increased the limit Thai investors can use on foreign securities to 30% from 18% to encourage more capital outflows

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