All eyes on BOT data as baht hits highest level in six years
The baht appreciated to Bt30.15 against the US dollar last week, its highest level in six years on Friday, Kasikornbank said.
Kasikornbank has forecast that the baht could move in a range of Bt30-30.30 to the dollar this week (December 30 to January 3). Investors sold dollars after US economic data showed signs of disappointments such as weaker-than-expected orders for durable goods and lower new-home sales.
