Uncertainty about UnitedStates interest rates leading to huge moves in numerous foreign currencies released : 8 Mar 2023 at 18: 02 (Bangkok Post File Photo) The baht is mostlikely to stay extremely unstable due to external elements however its weakpoint is in line with moves in local currencies, the Bank of Thailand stated on Wednesday. The baht and local currencies have moved both instructions in accordance with worldwide monetary market conditions due to unpredictability over the UnitedStates financial policy and the healing of China’s economy because its resuming, the main bank stated. US Federal Reserve chairman Jerome Powell struck an suddenly hawkish tone on inflation and interest rates on Tuesday, which has reinforced the dollar and triggered other currencies and the baht to we
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