Strong Baht

Thanks to the US President Donald Trump’s statement concerning the Yankee dollar, the baht is likely to reach its strongest level in almost two years.

The Bank of Ayudhya say that it should fetch almost 34.5 baht per dollar, following the presidents statement saying “the dollar was stronger than he had estimated”.

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He instructed the Federal Reserve to maintain current interest rates, which is good news for the baht.

The British pound is still lingering around 43.2 baht, whilst the Euro is exchanging at 36.61 baht.

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