Thai baht exchange rate closed the market. “Depreciated” at 33.85 baht/dollar.

The Thai baht exchange rate closed the domestic market at 33.85 baht per US dollar. Depreciated from yesterday’s close at 33.79 baht per dollar, next week’s movement. Between 11-15 October 2021 is expected at 33.40-34.20 baht per US dollar.

Kasikorn Research Centerstated that the baht weakened like other Asian currencies. while the dollar This was supported by weekly data on the number of unemployment claims in the US. that came out better than expected and moving up the bond yield However, the US dollar’s appreciation is still limited as investors are still waiting to track the numbers of non-farm payrolls in the US.

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