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Thai baht exchange rate closed the domestic market. “Weakened” to 33.87 baht/dollar.

The Thai baht exchange rate closed at the level of 33.87 baht per US dollar. After intraday, it weakened to 33.99, the level it made on Oct. 6 and was the weakest since July. 2017

Kasikorn Research Center stated that the exchange rate and exchange rate of the baht lacked new support factors to stimulate while the dollar It continues to benefit from speculation about the Fed’s QE rate cut and may signal a policy rate hike to stem the risk of US inflation next year.

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