Baht expected to appreciate this week: Krungsri
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The baht is expected to strengthen this week, according to research by the global market department of Bank of Ayudhya (Krungsri) on Monday.
The bank forecasts that the baht will trade at between 34.20 and 34.50 per US dollar, compared with Friday’s close of 34.38.
Meanwhile, foreign investors in the Stock Exchange of Thailand recorded a net sale of Bt4.2 billion last week, while overseas investors in Thailand’s bond market recorded a net buy of Bt2.7 billion, the research said.
