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FTI keeping close watch on value of depreciating baht 9 published : 13 Jul 2021 at 07:11 9 he Federation of Thai Industries closely monitors the foreign exchange rate after the baht recently fell to its weakest value. The Federation of Thai Industries (FTI) is closely monitoring the foreign exchange rate after the baht recently fell to its weakest value in 14 months at 32.29 baht to the US dollar, although this benefits Thai exporters. The baht is expected to remain weak in the short term because the US Federal Reserve is likely to raise its policy interest rate earlier than projected in 2022 and 2023. Kriengkrai Thiennukul, vice-chairman of FTI, said the baht, which has depreciated faster than other currencies in Asean, tends to fall to between 32.50-32.65 to the dollar.

Surapong paisitpatanapongKriengkrai thiennukulFederation of thai industriesStanding committee on commerceThai industriesJoint standing committeeகூட்டமைப்பு ஆஃப் தாய் தொழில்கள்நின்று குழு ஆன் வர்த்தகம்தாய் தொழில்கள்கூட்டு நின்று குழு