March 8, 2008
Bangkok - Kasikorn Research Center (KRC) expects Thai baht will remain at 31.30-31.55 next week.
The KRC will keep eye on dollar sell-off and the Bank of Thailand’s interfering signal.
The baht was weaker a bit early this week after the Central Bank had cancelled the 30% currency control measure.
However, it was stronger at the end of the week amidst the weaker dollar.
The strong baht is supported by exporters’ dollar sell-off and regional strong currencies.
