The Baht continue to appreciate, reaching its highest level in 6 months
On 5 August 2024, there was a summary of the Baht movement which reach the most appreciation point in six months at 34.35 Baht per US Dollar. The Baht continue to appreciate after the overall U.S. economic indicators weakeer than expected. There are signs that the USA may cut its policy interest rate in September in line with the Federal Reserve Bank’s policy (Fed).
