The Thai baht exchange rate closed at 34.07 baht per US dollar. Compared to last Friday’s close at 34.15 baht per dollar.
Kasikorn Research Center stated that The baht appreciated in line with other Asian currencies, and foreign investors’ net buy positions in the Thai stock market and bonds (3672.94 million baht and 1,439 million baht, respectively). faces pressure amid speculation that US inflation outlook that is likely to have passed the peak This is an opportunity for the Fed to slow down some of the monetary policy tightening signs in the second half of the year.
