Analysts Warn of Unusually Strong Baht Appreciation Amid Negative Factors
Bangkok: Analysts at Merchant Partners Asset Management are cautioning investors regarding the unusual appreciation of the Thai baht, which persists despite numerous negative factors impacting the economy. The baht’s surge is seen as atypical in light of the prevailing negative sentiment. According to Thai News Agency, Mr. Prakit Siriwatthanaket, Managing Director of Merchant Partners Asset Management, highlighted that the continued