The baht touched its weakest level in 6 months at 36.84 before returning to close at 36.65 baht per dollar. Compared to yesterday’s market closing level of 36.71 baht per dollar.
Kasikorn Research Centerstated that the baht movement fluctuated It weakened in the morning amid strong buying of the dollar. As a safe-haven currency, it is boosted by signs of tensions in the Middle East. In addition, the latest Thai inflation figures continued to be negative in March.
This causes the domestic market to wait closely to follow the results of the MPC meeting on April 10. However, the baht strengthened in the afternoon in line with the rebound in gold prices in the world market. While the direction of fund flow today Foreign investors net bought Thai stocks at 1,269.59 million baht and slowed net selling of Thai bonds to 613 million baht.
2024-04-05 11:17:00
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