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Bangkok Post
Bangkok Post
Business

KBank foresees stronger baht next year

KBank US Federal Reserve United States
A man walks past a currency exchange booth in Bangkok in May. (Photo: Somchai Poomlard)

Kasikornbank (KBank) believes the baht will strengthen next year, dependent on internal factors after the US Federal Reserve eases its policy rate hikes.

KBank adjusted its projection from a previous forecast of 37.50 baht to the US dollar at the end of 2022 to 35.25.

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