Baht Drops to One-Year Low on Expectations of Rate Gap With US (opens original article in a new tab)

The Thai baht fell to a one-year low as expectations of a larger interest rate gap with the US increase, with US rate hike prospects higher than Thailand's.

• Baht drops to one-year low against dollar
• Expectations of wider US-Thailand interest rate gap
• US rate hike expectations higher than Thailand's