# KBANK expects the "baht" range to be 37.30-38.20 next week, following the Fed meeting 1-2 Nov. - Money & Banking Magazine

> Kasikornbank forecast the baht will trade between 37.30 and 38.20 per dollar in the week of October 31 to November 4. The baht closed at 37.93 on Friday October 28, compared with 38.37 the prior Friday. Key events include the Federal Reserve meeting on November 1-2 and US payrolls data.

- Date: 2022-10-29 · published 2022-10-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39408-kbank-expects-the-baht-range-to-be-37-30-38-20-next-week-following-the-fed
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The forecast range points to continued currency volatility around the Fed meeting, which affects the baht cost of dollar-priced feed imports.

## Read by commodity

- USDTHB: neutral

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2022/5913/

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