The other suggestion should should investigate others variables such
as government monetary policy, real exchange rates, inflation rates, GDP, direct investment, and cash
inflow from stock market in order to develop the finance model of the effect of exchange rate on
economic factors to control the volatility of exchange rates of Thai Baht. In addition, the future research
should separate variable of economic indicators into investment of money market and capital market
with effect on exchange rate to get the bester result.