Thai Baht Depreciates as Capital Outflows and Seasonal Factors Impact Currency Value
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#fc1dd66c ver:0.15

The Thai baht has depreciated against the US dollar due to capital outflows and seasonal factors. Capital outflows from stock and bond markets, along with a stronger dollar, have contributed to the decline. However, rising exports and faster economic growth could potentially strengthen the baht. Concerns about the delay in passing the budget and rising government debt are putting pressure on the currency. Analysts forecast a range of 36-36.50 baht to the dollar this month. Despite short-term weakness, there are expectations of improvement in the baht's fundamental factors over the year. #ThaiBaht #CurrencyDepreciation #CapitalOutflows...

#newstr #ThaiBaht #CurrencyDepreciation #CapitalOutflows #SeasonalFactors #Exports #Budget #GovernmentDebt #CreditRating 

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