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Analysts at Kasikorn Research say the baht could slide toward 36 per dollar if upcoming US economic data shows a resilient economy and further delays to Federal Reserve rate cuts. The bank says the outlook depends on those data releases.
A forecast of baht weakness would raise the local cost of dollar-priced feed imports. The move would be modest and mostly affects Thai buyers.
bangkokpost.comNareerat WiriyapongJan 25, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
