Following a brief period of strength, the Thai baht has weakened, impacting the country's financial markets. The USD/THB exchange rate increased by 0.3% to 33.6110, marking its largest gain since February 11. This shift in currency value has coincided with a downturn in the Thai stock market.
The Thailand SET Index fell by 1.5%, reaching 1,217.76, and is on track to hit its lowest closing level since November 2, 2020. This decline reflects broader concerns in the market, influenced by both domestic and international economic factors.
