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Swiss firm sees continued baht rise

1 min read
Thai baht banknotes

Thai baht banknotes. Photo: Wikimedia Commons.


Swiss wealth and asset manager Lombard Odier is bullish on the baht, reckoning the currency will run up further to surpass 30 to the US dollar by year-end.

Lombard Odier predicts the baht to keep rising to a range of 29.59-29.89 against the greenback by the end of 2019, said Homin Lee, head of portfolio solutions for Asia and Asian macro strategy.

Full story: Bangkok Post

Somruedi Banchongduang
BANGKOK POST


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