Baht to Weaken after Three Year Low against Dollar

 | Mon 23 Dec 2013 12:29 ICT

CityNews – Kasikorn Research Center has reported the baht is due to weaken against the dollar because of Thailand’s political problems.

It’s thought that this week the dollar/baht exchange will move from 32.40 to 32.75 baht on the U.S. dollar.

At 32.645 baht to the dollar last week it was the lowest exchange rate in three years.