BANGKOK -- The Thai baht is leading Asian currencies as it bounces back on the return of Chinese tourism during a critical peak travel period.
The baht appreciated to a nine-month high of 32.65 against the dollar on Friday before the Lunar New Year weekend. The currency strengthened further on Monday, hitting 32.60 at one point. In October, the baht fell close to 38.50 -- a 16-year low.
