Before 2021 ends, let me share five key economic and investment trends that SCB CIO foresees in 2022. These lingering effects will likely be a smaller factor in the uneven economic recovery, compared with their impact in 2019 and 2020. FISCAL CHALLENGESMeanwhile, the Bank of Thailand is likely to maintain its policy rate at 0.5% for another year to support the economic recovery. SCB CIO expects the baht exchange rate will remain in the range of 32-33 to the dollar by the end of 2022. Thailand's economic recovery and the return of foreign tourists are likely to occur in the second half of 2022.
Source: Bangkok Post December 27, 2021 04:35 UTC