# The Baht pared gains somewhat after hitting its 4-month high while the SET continued to drop over-week
 - KASIKORN RESEARCH CENTER

> The baht pared gains after reaching a four-month high, while the SET stock index fell 1.23% over the week to December 1. The Bank of Thailand cut its GDP growth forecasts but kept its policy rate at 2.5%.

- Date: 2023-12-04 · published 2023-12-04T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/32975-the-baht-pared-gains-somewhat-after-hitting-its-4-month-high-while-the-set
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

This is a Thai equity and macro market wrap with no direct link to feed supply, demand or prices.

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/financial/Pages/MSMR041223.aspx

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.