Baht could sink even further, analyst warns
- Thread starter gotlost
- Start date
nomad97
Resident Geek
"Thailand’s baht could weaken further after reaching its lowest point since late 2017 level of 33 baht per USD, an analyst at Krungsri Securities said on Wednesday, as the economy is challenged by its most severe Covid-19 outbreak so far."
Yes please! 50 to the £ by Christmas time would be very nice.
Yes please! 50 to the £ by Christmas time would be very nice.
gotlost
Kap Chong R Us Member
BoT cuts 2021 GDP rise to 0.7%
BoT cuts 2021 GDP rise to 0.7%
The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.
Coffee
You chose a custom title
Just within the last two weeks the US$ has lost almost a full point against the THB; decreasing from 33.47 to 32.53 .
Of course US equity markets have been crushing it popping historical highs.
Abnormalities abound in times of decreased treasury yields.
Of course US equity markets have been crushing it popping historical highs.
Abnormalities abound in times of decreased treasury yields.
Last edited:
FERRET
WELL WORN MEMBER
Now, the AUD is yielding ฿23.77. Last month the exe was ฿24.12.