Analysts anticipate slide to continue
The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
The Thai currency was quoted at a three-month low of 36.13 baht against the greenback early Wednesday before edging up to 36.07-09 baht, compared with…
