Krungsri Predicts Weakening of Baht and Anticipates Fed’s Signal as Economic Concerns Mount

Krungsri believes that the baht this week will weaken in the range of 35.30-35.90 baht per dollar. Hits weakest level in 10 weeks amid concerns about Thailand’s economic situation. Waiting for the Fed’s signal Interest rates are expected to remain at 5.25-5.50%. Ms. Rung Sanguanruang, Global Markets Business Promotion Department Bank of Ayudhya Said Public … Continue reading Krungsri Predicts Weakening of Baht and Anticipates Fed’s Signal as Economic Concerns Mount