2023-06-22 10:43:26
A money manager from Bank of Ayudhya revealed that the baht closed this evening at 35.03 baht / dollar, depreciating from The market opened this morning at 34.83 baht / dollar, the weakest in the region. due to domestic political factors that the market does not trust economic policy During the day, it moved within the range of 34.79 – 35.05 baht/dollar.
The baht weakened past 34.92 baht/dollar after having previously tested 3-4 times. Invest to cut losses (Stop Loss)
Tonight, the market is waiting to see the results of the Bank of England (BoE) meeting, which is expected to raise interest rates by at least 0.25% and the announcement of Weekly US jobless claims numbers which is expected to be at the level of 2.6 hundred thousand
“Today the baht is weaker than expected. Made new highs in more than 3 months at 35.05 baht / dollar due to political factors in the country that The market is skeptical of the new government’s economic policies,” the money manager said.
money manager Estimate the movement of the baht tomorrow at 34.90 – 35.10 baht / dollar.
Key Factors The yen was at 141.95 yen/dollar, from 141.82 yen/dollar this morning, the euro was at 1.1000 dollars/euro, from $1.0987/euro this morning, the SET Index closed at 1,509.31 points, down 12.81. point, -0.84% Trading value 46,825.48 million baht Summary of trading volume by group Foreigners net sales of 605.40 million baht (SET+MAI). Thai Hotel Association believes in tourism to revive. It is expected that 25 million foreigners will enter Thailand this year, only 10 million have entered in the first 5 months.
People suggest speeding up flights Reduce the conditions for issuing visas pointing out that Thailand is still the champion of the most popular tourist destinations Encourage entrepreneurs to speed up and adapt
The world trend moves towards the hotel in the digital age.
The Energy Regulatory Commission (ERC) hinted that electricity bills for the period of September-December 2023 were likely to decrease significantly.
less than 20 satang/unit from the current period (May-August 2023) was at 4.70 baht/unit, partly from a drop in LNG prices.
The Swiss Central Bank (SNB) raised its policy rate by 0.25% to 1.75% at its meeting today.
It was the smallest rate hike since the SNB began tightening monetary policy a year ago. At the same time signaling that
The SNB may take another step to stem inflation.
The Central Bank of Norway raised its policy rate by 0.5% to 3.75% today, above analysts’ expectations.
Efforts to deal with inflation and stating that the bank plans to raise interest rates again in August
The Bank of the Philippines (BSP) held its policy rate unchanged for the second time in a row at its meeting today.
As inflation continues to decline and pressure on the Philippine peso has slowed.
The Central Bank of Indonesia (BI) has held its bond repurchase rate unchanged with a reverse repurchase.
rate) for a period of 7 days, which is the policy rate at 5.75% as expected by the market. and fixing interest for consecutive months
5th
1687445363
#Thai #baht #market #conditions #closed #weaker #region #RYT9