Home » Business » “Kasikorn Research Center: Baht Appreciates as Regional Currencies Move Up”

“Kasikorn Research Center: Baht Appreciates as Regional Currencies Move Up”

Ms. Kanchana Chokpaisarnsilp Research Administrator, Kasikorn Research Center Co., Ltd. reveal the baht today (April 18, 2023) turn around to appreciate, returning to close at 34.28 baht per dollar. Compared with yesterday’s closing level at 34.36 baht per dollar. The baht strengthened in line with the movements of most regional currencies. Which has benefited from the direction of the yuan that moves upwards Get data on China’s GDP, which came out to grow by 4.5% YoY in 1Q23 (better than the market’s expectation of 4.0% YoY). even though today Foreign investors sold net shares and Thai bonds of 2,873.02 million baht and 4,265 million baht, respectively.
As for the movement of the baht tomorrow, it is expected to be at 34.15-34.45 baht per dollar. While the important factors that need to be monitored are the direction of foreign capital / gold prices in the world market / Asian currencies. Inflation figures for March. of the Eurozone and England Including the US interest rate signal. From a statement by a Fed official

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.