Foreign analysts see MPC cutting interest rates by 0.25%, putting pressure on the baht, possibly testing the 35 baht/dollar level - Money & Banking Magazine

Foreign analysts expected the Bank of Thailand to cut rates by 0.25 percentage points, which it then did, lowering the policy rate from 2.25% to 2.00%. The cut followed a call from Prime Minister Paethongtarn Shinawatra and weak growth data.

Analysts said the baht could test 35 per dollar in coming months.