The Kasikorn Research Centre (KRC) has predicted that the baht of
Thailand will fluctuate within the range of 30.90-31.20 baht per US
dollar this week.
The KRC revealed on July 1 that there
is a possibility that the Thai baht will fluctuate between 30.90 and
31.20 baht against the greenback this week, while stressing that foreign
capital movements, economic figures in the US , and purchasing
managers indexes (PMI) in other countries must continue to be monitored.
The PMI are economic indicators derived from a monthly
survey of private companies to find out how well the manufacturing
sector in each country is doing. The indexes will be announced in the
beginning of this month.-VNA