Thailand: Sliding baht set for rollercoaster ride as Fed signals tightening
The baht opened at 33.48 to the US dollar on Monday, weakening from Friday’s close of 33.46. The Thai currency is expected to move between 33.40 and 33.60 during the day and between 33.20 and 33.80 during the week, Krungthai market strategist Poon Panichpibool said. Poon said that the baht is likely to swing widely […]
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