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 … Read more

Top stocks on the island of China’s economic stimulus plan, pointing out the target of ‘coal-industrial estates’ I TNN making money I 30-08-65

China’s top stocks in stimulus plans pointed to “coal and industrial estates” targets. Although China is highly likely to miss its growth target of 5.5 percent this year, Chinese authorities have put in a lot of effort. To continue to recover the economy in the country because China has recently announced a big economic stimulus … Read more

RMB lending in China in June increased by 6.867 | RYT9

China’s central bank said New yuan-denominated loans were issued in June at 2.81 trillion yuan (about 41965 billion dollars), an increase of 6867 billion yuan year-on-year. The money supply in M2, comprising cash in circulation and all types of deposits, rose 11.4% at the end of June. Year-on-year reached 258.15 trillion yuan. Meanwhile, the money … Read more

Angle: Capital outflow from RMB, increase in foreign ownership ratio makes it difficult for authorities to deter | Reuters

[Shanghai / Hong Kong, 29th Archyde.com]–The Chinese yuan has plummeted recently, reminiscent of past price collapses. However, market participants believe that foreigners’ holdings of yuan-denominated assets are now increasing, making it less likely that authorities will be able to curb the decline as before. On April 29, the Chinese yuan plunged recently, reminiscent of past … Read more

Thai baht closed today continued to depreciate at 33.65 baht per dollar.

Ms. Kanchana Chokpaisarnsilp research executive Kasikorn Research Center revealed that the baht weakened to a test of 33.70 before returning to close at 33.65 baht per dollar Compared to yesterday’s close at 33.57 baht per dollar. by the baht and other Asian currencies, including the yen andyuan depreciated whiledollar This has been supported continually from … Read more

The first Saudi response to the allegations of an American newspaper regarding Saudi Arabia’s study to accept the “yuan currency” instead of the dollar for oil sales to China

Al-Marsad newspaper: A Saudi source commented, this evening, Tuesday, on the allegations of the American newspaper “The Wall Street Journal” that the Kingdom is considering accepting the “yuan”; Instead of the US dollar in oil sales to China. The newspaper, “The Independent Arabia”, quoted the source, saying: The news is “unfounded, and the issue has … Read more