Thailand: Kasikornbank: Baht 0.5% stronger in 2016

The baht strengthened by 0.5% in 2016 to between 34.50 and 36.40 baht to the dollar, according to the research unit of Kasikornbank. The local currency appreciated in the first quarter of 2016 when it remained unclear when the Federal Reserve raise its policy interest rate but had since eased as the trend became clearer. The local […]

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