The baht closed the market this evening (Jan. 5) at 34.65 baht per dollar. Continuing to weaken from the market opening level this morning at 34.55 baht per dollar.
A money manager from Bank of Ayudhya stated that the baht moves in line with the world market direction. Because the dollar strengthened following the increasing bond yield, during the day the baht moved in the range of 34.49 – 34.66 baht per dollar.
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“The baht moves in the same direction as the region and the world market. Today the baht is the weakest in the region.”
money manager The baht’s movement range is estimated on Monday (8 Jan.) at 34.50-34.75 baht per dollar. Tonight, the market is waiting to see the numbers on non-agricultural employment and the ISM service sector index in the United States. To assess the interest rate direction of the Federal Reserve (Fed).
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2024-01-05 12:08:44
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