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Kasikorn Bank forecasts foreign investors could withdraw up to Bt87 billion from the Thai capital market after second-quarter dividend payments from listed companies. The bank expects the outflow to weaken the baht to between Bt31.50 and Bt32.50 per US dollar.
Expected capital outflows would weaken the baht, a currency move that makes Thai exports cheaper in dollar terms and can shift Asian feed and commodity trade flows.
nationthailand.comMar 28, 2019Not 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.
