Swiss firm sees continued baht rise

Swiss wealth and asset manager Lombard Odier is bullish on the baht, reckoning the currency will run up further to surpass 30 to the US dollar by year-end.

Lombard Odier predicts the baht to keep rising to a range of 29.59-29.89 against the greenback by the end of 2019, said Homin Lee, head of portfolio solutions for Asia and Asian macro strategy.

Full story: Bangkok Post

Somruedi Banchongduang
BANGKOK POST