# KBank gives next week's "baht" a range of 36.00-36.50 baht, following the results of the Nov. 1 Fed meeting - Thai economic figures - Money & Banking Magazine

> Kasikorn Bank forecast the baht at 36.00-36.50 per dollar for October 30 to November 3. The baht closed at 36.23 on October 27, versus 36.51 a week earlier, and foreign investors were net sellers of Thai stocks but net buyers of Thai bonds. Key events included the Fed meeting and US payrolls data.

- Date: 2023-10-28 · published 2023-10-28T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/33925-kbank-gives-next-week-s-baht-a-range-of-36-00-36-50-baht-following-the-results
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The forecast range implies only small currency moves, so Thai feed import costs are unlikely to shift much in the coming week.

## Read by commodity

- USDTHB: neutral

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/69943/

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