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Thursday, May 2, 2024

Bangkok Post – Baht expected to dive on US data

Currency could fall below 36 per dollar

A bank employee gathers baht notes at a Kasikornbank in Bangkok. The Thai currency traded at 35.76-78 against the greenback on Thursday morning. (Photo: Reuters)

The baht could slide further, touching 36 to the dollar if US economic data released later this week indicates a resilient US economy and further delays to the Federal Reserve’s trim of interest rates, says Kasikorn…

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