KBANK expects a weekly baht frame of 33.80-34.50 baht, following the Fed meeting and the Russian war : InfoQuest

KASIKORNBANK (KBANK) sees the baht move at 33.80-34.50 baht per dollar for the next week (2-6 May), while the Kasikorn Research Center assesses key factors that need to be monitored, including the results of the Fed meeting. Ukraine-Russia situation and the direction of foreign capital

while the important US economic numbers are numbers of non-farm payrolls. Private Employment, PMI and ISM Index, Manufacturing/Service Sector in April March factory orders and weekly unemployment claims

In addition, the market is still waiting to monitor the April inflation rate. Thailand’s Reserve Bank of Australia meeting results, China’s manufacturing/service sector PMI index. Europe and England

On Friday (29 Apr) the baht closed at 34.20 baht per dollar. compared to the level of 33.94 baht per US dollar On the previous Friday (22 Apr)

While between April 25-29, foreign investors bought net Thai stocks of 3,494 million baht and had a status of NET INFLOW, entering the bond market at 1,961 million baht (from buying bonds net of 2,156 million baht, but had expired debt instruments. 195 million baht)

By InfoQuest News Agency (30 Apr 65)

Tags: Forex, KBANK, baht, exchange rate, baht

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Alexandra Hartman Editor-in-Chief

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