Commerzbank sees downside risks for Thai baht stability
Commerzbank expects the Bank of Thailand to keep its policy rate at 1.0%, while rising commodity prices and foreign outflows pose downside risks for the baht.
USDTHB
Commerzbank analysts expect the Bank of Thailand to keep its policy rate at 1.0%, viewing the current stance as sufficiently accommodative.
USD/THB has consolidated within a 32.90–33.30 range. However, rising global commodity prices and foreign outflows are seen as downside risks for Thai baht stability.
Source: FXStreet Forex News