KBANK gives the baht frame next week 34.50-35.10 | RYT9

Kasikorn Bank (KBANK) sees the movement of the baht at the level of 34.50-35.10 baht per dollar. For the next week (December 19-23), while the Kasikorn Research Center assesses important factors to monitor, including the direction of foreign capital. RMB and Asian currencies and Thai export figures in November

While important US economic numbers include the housing market index. Consumer Confidence Index Dec. house building numbers second-hand house sales new home sales durable goods purchases personal income and spending information and inflation as measured by PCE/Core PCE Price Index for November, the number of weekly jobless claims and 3Q22 GDP (final)

Markets are also waiting for the outcome of the BOJ meeting and China’s LPR rate announcement.

On Friday, December 16, 2022, the baht closed the market at 34.95 baht per dollar. compared to the level of 34.80 baht per dollar On the previous Friday (December 9) for the investment portfolio status of foreign investors between December 13-16, 2022, foreign investors bought net Thai shares of 3,188 million baht and had Net status. Inflows into the Thai bond market up to 7,845 million baht (net buy 8,245 million baht less expired bonds 400 million baht).


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