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K-Research expects central bank to stay the course on rates

Business, Nareerat Wiriyapong, Published on 04/04/2024

» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.

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GENERAL

Baht hits two-month high

Business, Nareerat Wiriyapong, Published on 07/11/2023

» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.