PUBLISHED : 23 Apr 2024 at 09:02
The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre (K-Research).
The Thai currency was quoted at 36.97 baht to the greenback, the lowest in six months, in early morning trade on Monday before bouncing back to 36.94-96, compared with Friday’s close of 36.86, influenced by cooling global gold prices and movements of the…
