The bank estimates the Thai Baht frame 29.80-30.30 baht per dollar. Keep an eye on the COVID-19 outbreak New round – Georgia Senate election – November economic figures
Mr. Poonpanichpiboon, money market strategist and capital market strategist Krung Thai Bank disclosed to “Prachachat Business” that the Thai baht movement framework next week (28-30 Dec ’20) frame is 29.80-30.25 baht per dollar. Factors monitoring the COVID-19 epidemic situation How severe will the domestic expansion Which areas will be locked down, however, from the monitoring, it can be seen that foreigners are not worried in the situation much. This is reflected by the foreign net buy in the past week.
While foreign factors Will have to follow up with the US Senate election in the state of Georgia on January 5, 2021, which will affect the matter of passing the budget. While the UK’s EU separation factor (Brexit) has ended the deal.
“Right now Westerners are not very concerned about COVID. Because not having an output flow But the end of the year may see the baht touch 30 baht per dollar. Which the BOT can accept But if there is a new round of coronavirus Elevating the lockdown May see the baht go to the level of 30.40-30.50 baht per dollar “
Miss Kanchana Chokphaisansilp Research Administrator at Kasikorn Research Center told “Prachachat Business” that for the framework of the baht movement next week is expected at 29.80-30.30 baht per dollar. The global COVID-19 situation must be monitored and the November Salary Economy Report. By the Bank of Thailand (BOT) and investment direction of foreign investors in the Thai stock and bond markets Including a summary of the US economic stimulus measures Personal US economic numbers To be monitored are the October house price index, the number of home sales contracts pending for November, and the weekly number of applicants for unemployment benefits. The market is also waiting to track China’s December PMI as well.
–
