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News Forum - Baht hits 13-month peak as Bank of Thailand holds rates


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The baht is poised to strengthen further, potentially reaching 34 per US dollar or even higher, following a 13-month peak attained yesterday. This surge occurred as the Bank of Thailand opted to keep the policy rate steady at 2.5%, encouraging potential inflows ahead of the US Federal Reserve’s upcoming September meeting. Closing at 34.21 on … …

The story Baht hits 13-month peak as Bank of Thailand holds rates as seen on Thaiger News.

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