BUSINESS

Baht set to continue to rise

Business, Nareerat Wiriyapong, Published on 17/09/2024

» The baht could appreciate further, after hitting a 19-month high of 32.2 baht to the dollar on Monday, if the US Federal Reserve cuts interest rates deeper than 25 basis points at its meeting this week, as falling US inflation could prompt the central bank to deliver an outsized rate cut.