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KASIKORNBANK expects business in 2017 to be extremely challenging due to US political risk, and sees the baht falling to THB36.50 per USD. Private sector debenture issuance is expected to fall 20-25% to THB600 billion.
A forecast weaker baht would raise the baht cost of dollar-priced feed imports, while the drop in debenture issuance signals softer private investment.
ryt9.comFeb 9, 2017Not 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.
