Economy
Thai Baht Slips to Weekly Low Amid Capital Outflows and Dollar Strength
The Thai Baht hit a one-week low against the US dollar, pressured by foreign capital outflows and a stronger greenback, as investors weigh the Federal Reserve's interest rate trajectory.
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The Thai baht hit a one-week low as foreign capital outflows and a strengthening US dollar pressured regional currencies. Kasikorn Research Center anticipates continued volatility amid shifting interest rate expectations.