The Kasikorn Research Centre (KRC) has predicted that the baht of Thailand will fluctuate within the range of 30.90-31.20 baht per US dollar this week.

The KRC revealed on July 1 that there is a possibility that the Thai baht will fluctuate between 30.90 and 31.20 baht against the greenback this week, while stressing that foreign capital movements, economic figures in the US , and purchasing managers indexes (PMI) in other countries must continue to be monitored.

The PMI are economic indicators derived from a monthly survey of private companies to find out how well the manufacturing sector in each country is doing. The indexes will be announced in the beginning of this month.-VNA