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News Forum - Baht hits two-week high but faces long-term depreciation risks


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The Thai baht surged to a two-week high yesterday, surpassing 36.5 to the dollar, marking a strong short-term gain. However, Kiatnakin Phatra Financial Group (KKP) has issued a cautionary note about the potential depreciation of the currency, attributing it to persistent structural issues in Thailand’s economy. Yesterday, the baht led gains among Asian currencies, appreciating … …

The story Baht hits two-week high but faces long-term depreciation risks as seen on Thaiger News.

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