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Tuesday, February 7, 2023

What to know about the baht exchange rate in Thailand


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Should we worry about the baht exchange rate, when to expect the Thai currency to strengthen and what are the prospects for development – experts’ forecasts

Thailand began this week with the baht weakening to a five-year low with an exchange rate of 34.62 to the US dollar. While this figure is in line with other ASEAN currencies that have also weakened against the U.S. dollar, the Thai baht is worth keeping an eye on as it serves as an indicator of the country’s recovery.

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