Thread: Stronger baht may not be sustainable, central bank warns

The recent strengthening of the baht against the dollar may not be sustainable, the central bank warned, though an analyst said he is cautious about the prospects of a weaker baht for the year and that it may actually be relatively strong towards the end of the year.


The baht, along with other regional currencies, has risen against the greenback now that there are signs of the novel coronavirus being contained, said Don Nakornthab, senior director at the Bank of Thailand.

The baht and other regional currencies were hit hard in March due to a fast-rising number of confirmed Covid-19 cases. The Thai currency weakened to about Bt33 against the dollar in March, but moved into the Bt32 range in recent weeks.

MORE Stronger baht may not be sustainable, central bank warns

Originally Posted by misskit

The baht and other regional currencies were hit hard in March due to a fast-rising number of confirmed Covid-19 cases. The Thai currency weakened to about Bt33 against the dollar in March, but moved into the Bt32 range in recent weeks.

...a stronger baht? Cui bono?...

Stronger/weaker against what?
The other fake currencies?

^ The illusion requires constant feeding.

Originally Posted by OhOh

^ The illusion requires constant feeding.

Easier to tend once the seeds are planted.

Meanwhile, back on earth....

Originally Posted by HuangLao

Stronger/weaker against what?
The other fake currencies?

Like the one in your pocket for the last 'xx' years?

foj

Originally Posted by misskit

The Thai currency weakened to about Bt33 against the dollar in March, but moved into the Bt32 range in recent weeks.

Why, they cannot print like the others (please no names) are printing? So beautiful (and dear) banknote factory they built some 20 years ago during Banharn rule, with a kind help of his daughter...