Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
The baht is expected to move in a range of 33.50-36.25 to the US dollar in the third quarter this year, depending on the movement of the US federal funds rate, said Roong Sanguanruang, senior vice-president for global markets and research.
