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Baht poised to weaken further
Bangkok Post
|May 14, 2025
Currency could dip to 33.80 per dollar
The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer green-back following the temporary pause in the US-China tariff war.
However, the Thai currency is expected to remain volatile.
Roong Sanguanruang, senior vice-president for global markets planning at Bank of Ayudhya (Krungsri), said the bank expects the baht to depreciate to a range of 33.00-33.80 per dollar this week due to heightened uncertainties.
On Monday, the US and China agreed to reduce tariffs on each other for a 90-day period, which supported gains in both the dollar and the yuan.
Bu hikaye Bangkok Post dergisinin May 14, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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