Exchange rate

Baht Worth Forecast: Market Outlook and Newest Updates on Change Price Traits

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Baht Worth Forecast: Market Outlook and Newest Updates on Change Price Traits

financial information9:27 A.M. 2024-05-15 Mr. Poon Panichphibun, cash market strategist, Krungthai GLOBAL MARKETS, Krung Thai Financial institution, revealed that the baht opened this morning at 36.59 baht/greenback, depreciating barely from closing the day at 36.66 baht / greenback. Final night time the baht steadily strengthens and fluctuates reasonably within the quick time period After the … Read more

Financial markets retreat with mixed balance sheets

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Financial markets retreat with mixed balance sheets

Mexico City. On the eve of China beginning to execute its plan to sell bonds totaling $138 billion from Friday through November, its multibillion-dollar financial stimulus, and the publication of U.S. producer and consumer inflation, the financial markets retreated to mixed behavior. The Mexican peso, which began the session with a slight gain against the … Read more

The Mexican peso advances for the second consecutive day

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The Mexican peso advances for the second consecutive day

Mexico City. Optimism over interest rate cuts in the United States, following the April non-farm payrolls report, which suggests a moderation in US employment, caused the dollar to lose strength globally and emerging currencies, such as the peso, appreciated. Mexican. At the close of the interbank market, the Mexican peso appreciated 0.66 percent, equivalent to … Read more

The Mexican peso appreciated to 17.01 per dollar

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The Mexican peso appreciated to 17.01 per dollar

Mexico City. The weakness of the dollar worldwide supported the exchange rate in Mexico to regain positive ground at the beginning of the week. The Mexican peso appreciated 0.75 percent, equivalent to 12.81 cents against the US currency, to close at 17.0185 units per spot dollar. Pending the outcome of the Federal Reserve’s monetary policy … Read more

Markets close mixed, waiting for more information

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Markets close mixed, waiting for more information

Mexico City. Along with the strengthening of the dollar, financial markets operated mixed with a downward trend. Waiting for new announcements and new reactions to geopolitical events, the dollar took flight this Thursday. In the midst of more and more voices joining the rhetoric of not lowering rates until they see strong signs that inflation … Read more

Nervousness leads the peso to fall up to 18 units per dollar in seconds

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Nervousness leads the peso to fall up to 18 units per dollar in seconds

The Mexican peso went on a roller coaster, after Israeli missiles hit the territory of Iran early this Friday. The hands marked around 7 p.m., Mexico City time, when the national currency began to rapidly depreciate against the dollar, as soon as the first reports from agencies regarding tensions between Israel and Iran became known. … Read more

Mexican markets end volatile week with losses

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Mexican markets end volatile week with losses

Mexico City. The peso and the Mexican Stock Exchange (BMV) culminated this Friday a week of losses due to growing concerns about an escalation of tensions in the Middle East and the persistent fear that the United States Federal Reserve (Fed) will maintain its interest rates higher for longer. The last session of the week … Read more

High Oil Prices and Exchange Rates Put Pressure on Prices: Bank of Korea Monitoring Exchange Rate

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High Oil Prices and Exchange Rates Put Pressure on Prices: Bank of Korea Monitoring Exchange Rate

Pressure to increase prices due to high oil prices and exchange rates Bank of Korea: “Exchange rate threat is lower than before” Ministry of Trade, Industry and Energy inspects crude oil supply and export logistics Foreign exchange authorities suggest intervention when exchange rates soar Won painting that doesn’t work hard The won-dollar exchange rate is … Read more