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Standard Chartered Bank: THB Outlook

Quotes from Standard Chartered In line with our positive economic outlook on Thailand, we maintain a constructive view on the currency. We raised our recommended short-term FX weighting on the THB to Overweight from Neut…

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Quotes from Standard Chartered

  • In line with our positive economic outlook on Thailand, we maintain a constructive view on the currency. 

  • We raised our recommended short-term FX weighting on the THB to Overweight from Neutral on 28 January, while reiterating our medium-term Overweight.
  • Since then, the THB has been the best-performing currency in Asia, and the only AXJ currency to gain against the US dollar (USD).

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