Coup scares off Baht investors

A military coup invaded Bangkok with tanks, and soldiers seized radio and television stations. Prime Minister Thaksin Shinawatra declared a “severe state of emergency” via Channel 9 out of New York as the rebellion called for his resignation. The Thai Baht dropped a hard 2% against the Dollar in less than 2 hours.

The chart portrayed shows the Thai Baht plotted against the US Dollar over the past three months.

CTV Article