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The baht is still used as a unit of measurement in gold trading. However, one baht of 96.5% gold bullion is defined as 15.16 grams rather than the generic standard of 15 grams. The baht has also become the name of the currency of Thailand, which was originally fixed to the corresponding mass of silver.
The one baht note was replaced by a coin in 1957 and the five baht was replaced in 1972. 50 baht notes were again reintroduced in 1985, with the 10 baht note replaced by a coin in 1988. The EURion constellation has been used on the reverse of 100 and 1000 baht notes since 2003.
From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. [ 9 ] [ 10 ] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis .
Oklahoma death row inmate, Kevin Ray Underwood, 44, is set to be executed Thursday, 18 years after he killed 10-year-old neighbor Jamie Rose Bolin.
The FDIC is an independent government agency charged with maintaining stability and public confidence in the U.S. financial system and providing insurance on consumer deposit accounts.
Smith is also on his way to breaking an Ohio State record. The 60-yard TD catch tied Pro Football Hall of Famer Cris Carter for the most receiving TDs in a season by an OSU freshman.
August 17, 2010, The SBV further devalued the VND by 2.04% to 18,932 VND/USD, an increase of 388 dong from the previous rate. [37] [38] On February 11, 2011, the State Bank of Vietnam (SBV) announced a decision to increase the interbank exchange rate between USD and VND from 18,932 VND to 20,693 VND (a 9.3% increase).
Muay Thai (Thai: มวยไทย, RTGS: muai thai, pronounced [mūaj tʰāj] ⓘ), sometimes referred to as Thai boxing, the Art of Eight Limbs [3] or the Science of Eight Limbs, [4] is a Thai martial art and full-contact combat sport that uses stand-up striking, sweeps, and various clinching techniques. [5]