# SCB forecasts the Thai baht to fluctuate between 37.55 and 37.85 baht, with attention focused on the Monetary Policy Committee meeting this week. - Money & Banking Magazine

> SCB Financial Markets forecast the baht would trade between 37.55 and 37.85 per dollar on September 26, after it weakened to near 16-year lows the previous week. The bank flagged the upcoming Bank of Thailand policy meeting, August export data and US consumer confidence as key events. The baht's weakness followed the Fed's rate hike and the sterling slump.

- Date: 2022-09-26 · published 2022-09-26T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39876-scb-forecasts-the-thai-baht-to-fluctuate-between-37-55-and-37-85-baht-with
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The forecast range signals a stable near-term baht outlook, so feed import costs in Thailand are unlikely to move sharply in the short run. Event risks around the policy meeting and export data could still shift the range.

## Read by commodity

- USDTHB: neutral

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2022/1754/

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