The clear results of the Thai general election boost the Thai baht and Thai stocks to soar.

The Thai baht against the US dollar exchange rate rose 1.3% at one point to 31.228 baht per US dollar, leading the way among Asian currencies. The Thai stock market also rose 3.3% at one point. Some strategists and economists believe that the victory of the ruling party, the Palang Pracharath Party, in Sunday's election could bring policy continuity and boost the country's stock market and currency.