PUBLISHED : 14 Oct 2024 at 09:24
Bank employees gather Thai baht notes at a Kasikornbank in Bangkok on Jan 26, 2023.
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PUBLISHED : 14 Oct 2024 at 09:24
Bank employees gather Thai baht notes at a Kasikornbank in Bangkok on Jan 26, 2023. (Photo: Reuters)
A decline in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as tensions grow between the nation’s government and its central bank.
The baht has weakened 2.7% against the dollar in October following its best quarter since the aftermath of the Asian Financial Crisis. Mizuho Bank forecasts the Southeast Asian currency to…