A Treasury manager from the Bank of Ayudhya revealed that the baht closed at 37.97 baht / dollar this evening, depreciating from 37.85 baht / dollar in the morning.
During the day, the baht moved within the range 37.76-38.02 baht / dollar. Today the baht depreciates and many currencies in the region have depreciated greatly against the US dollar, such as the Chinese Yuan , the Malaysian Ringgit. and Singapore dollar After Fed chairman sent a signal that the US target interest rate has not reached its peak Although the Fed is expected to raise interest rates at a slower pace at its next meeting.
“The baht has depreciated since the morning today. But ours is still not as weak as regional currencies such as the yuan, ringgit and Singapore dollar, which have depreciated a lot today, “a treasury manager said.
The market awaits US economic data tonight, which is non-farm payrolls for October.
Treasury managers expect the baht to depreciate tomorrow. and could return to 38 baht / dollar, it should be between 37.90 and 38.15 baht / dollar
- important factor
- The yen was at 148.22 yen / dollar since early morning at 147.37 yen / dollar.
- The euro was at $ 0.9751 / euro from 0.98315 in the morning.
- The SET index closed today at 1,625.62 points, up 0.60 points (+ 0.04%), with a trading value of 52,199 million baht.
- Group Trading Volume Summary Foreigners Buy 2,916.40 Million Baht Net (SET + NEVER)
- The Bank of Thailand revealed after the Fed meeting could see some short-term volatility in the global and Thai financial markets.
Thailand in the future It should also be considered appropriate in the Thai context. economic prospects, inflation and financial stability
Policy implementation will be flexible to adapt to the situation.
- The Bank of Thailand reiterated the monitoring of the situation of the Thai baht movement. and funds that move closely The private sector should manage
constant risk reduce the impact of financial market volatility in situations where high uncertainty persists
- The finance minister expects GDP to grow by 3.4% and exports by 8.1% this year.
The importance of driving the growth of the Thai economy
- Supatanapong, Deputy Prime Minister for Economic Affairs, believes the impact on Thailand. In case the Fed raises interest rates by 0.75%, there will be
Not much, monitoring whether the Monetary Policy Committee (MPC) will consider further interest rate hikes at the roundabout meeting
end of November on which the government cannot intervene
- The European Central Bank (ECB) official said the ECB should raise interest rates further. to attract inflation
Back under control, with the belief that the ECB must continue to raise interest rates to bring inflation back to its medium-term target
- The Bank of Malaysia (BNM) raised the benchmark rate for the fourth consecutive time today. before the general election in another
coming weeks Rising cost of living and weakening ringgit will be key issues for voters.
- The Bank of the Philippines (BSP) reported that it plans to raise interest rates by 0.75% at the policy meeting during the period.
At the end of the month, in line with the latest monetary policy tightening by the US Federal Reserve (Fed).
- The central bank of South Korea revealed that foreign exchange reserves declined for the third consecutive month in October due to
South Korean authorities take steps to reduce volatility in the foreign exchange market
- The Turkish statistical office said the consumer price index (CPI), which is a measure of inflation. reached the highest level in 24
Year 85.51% in October year on year After the Turkish central bank continued to cut the official interest rate. Despite the high inflation
anyway
