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Bangkok Post
Bangkok Post
Business

KBank foresees weaker baht over next 2 months

Pedestrians pass a KBank currency exchange booth in Bangkok last month. (Photo: Somchai Poomlard)

Kasikornbank (KBank) expects the baht to bottom out in the next two months, depending mainly on the US Federal Reserve's benchmark interest rate hike.

It also expects the Bank of Thailand to increase its benchmark interest rate two times this year.

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