Thai Baht Faces Challenges in Appreciation Against US Dollar
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#fc1dd66c ver:0.29
The Thai baht is facing challenges in appreciating against the US dollar due to lower growth potential, weaker current account surplus, and increased capital outflows. The baht's value has been impacted by factors such as capital outflows, seasonal factors, and rising government debt. However, there are expectations of improvement in the baht's fundamental factors, such as rising exports and an expanding current account surplus. The US economy's strength and geopolitical risks in other countries are causing Asian currencies to weaken. The baht is predicted to weaken further in the third quarter but may strengthen in the fourth quarter if the Fed reduces interest rates. Currency risk should be hedged by businesspeople and investors. #ThaiBaht #USdollar #currencyappreciation #economicoutlook...
#newstr #ThaiBaht #UsDollar #Appreciation #Challenges #ThaiEconomy #CurrentAccountSurplus #CapitalOutflows
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