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Krungsri expects the US Federal Reserve to raise its policy rate by 25 basis points in December and possibly twice in 2017. It forecasts the baht will depreciate over the next two quarters, with the currency at 35.75 per dollar at year-end.
Thai bond issuers would face higher funding costs.
A stronger dollar and weaker baht make feed imports priced in dollars more expensive for Thailand. Higher US rates also raise financing costs for Thai agribusiness.
nationthailand.comNov 25, 2016Not 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.
