The Thai baht hit its strongest level yesterday since the 1997 Asian financial crisis on sustained inflows, as investors doubted whether demand for Thai assets would be dampened by fears that a radical bailout plan for Cyprus could pitch the eurozone back into crisis.
What does THB stand for?
THB stands for Thai Baht (Thailand currency)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of THB
Other Resources:
We have 42 other meanings of THB in our Acronym Attic
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Samples in periodicals archive:
500) Thai baht telling them not to come out or contact anybody.
They forced a downstairs rear window at the house in Warwick Terrace on Tuesday and made off with the Sony camcorder and the wallet, which contained a pounds 10 note and 3000 Thai baht - about pounds 42.
There was also a foreign exchange loss of USD66m because of the weak exchange rate for the Thai baht, The Associated Press reported.
MANILA, May 18 Kyodo The Asian Development Bank announced Wednesday it has issued its debut Thai baht bonds in the domestic capital market of Thailand with a principal amount of 4 billion baht (about $100 million) and a bullet maturity of five years.
Miss Watermelon, who works at the drag bar Tangmo, proudly informed me that she and her "girls" had selflessly collected over 300,000 Thai baht (about $8,000 American) in the 10-day period after the tsunami.
The company has also made a direct donation of 10 million Thai baht ($256,410 equivalent US dollars) to help the victims in the six southern provinces of Thailand.