Foreign holdings of Thai bonds total 700 billion baht, up from 630 billion at the beginning of the year. For example, how can we say the baht is rising against the US dollar when it goes from 34.50 to 33.50? Suppose at the moment I can buy 34.50 baht with one US dollar, but in the future I may only be able to buy 33.50 baht. US dollars are likely to buy fewer baht by year's end, says KBank. Click "play" to listen to Kbank forecasts baht rise and "Download" to keep this file for educational purpose.

Source: Bangkok Post August 23, 2017 05:15 UTC