A money manager from Bank of Ayudhya revealed that the baht opened this morning at 34.68 baht / dollar, depreciating from yesterday evening’s close at 34.58 baht / dollar.
This morning, the baht depreciated against the end of the market. Because last night the dollar strengthened against all currencies. After the report was released The results of the US Federal Reserve (Fed) meeting came out that some Fed officials are still supporting a 0.50% rate hike in the next session.
money manager Today’s Thai baht movement is estimated at 34.50 – 34.80 baht/dollar. Today, the Japanese market is closed. Tonight, we need to monitor the number of weekly unemployment claims. and Gross Domestic Product (GDP) Q4/2022 of the United States
THAI BAHT FIX 3M (Feb. 22) was at 1.29779%, while THAI BAHT FIX 6M was at 1.58705%.
The latest SPOT is at 34.58000 baht / dollar.
- important factor
- The yen was at 134.75 yen/dollar from 134.92 yen/dollar yesterday evening.
- The euro was at $1.0618/euro from $1.0641 yesterday evening.
- Thai baht/dollar exchange rate Interbank weighted average of the BOT. At the level of 34.645 baht / dollar
- “Jurin” clarified that the World Chinese Business Conference (WCEC) attracted 4,000 investors, expecting money to flow 400-500 million baht.
Secretly hoping to increase investment in new targeted industries in Thailand 40,000-50,000 million baht
- NESDB pointed out that the direction of the economy depends on politics and general elections. Please help each other to maintain the atmosphere to prevent violent conflicts.
because it affects the decision to invest in foreign countries The private side cheers for the election. Let’s set up a new government quickly. hopes for a new round of stimulating policies
The amount of money for elections has reached a hundred thousand million baht.
- “Amazon” reveals the number of “digital skills” helping to boost Thai GDP, rising to 930 billion baht per year, indicating that 80% of Thai organizations employ
Employees with advanced digital skills earn higher annual revenues. While people with digital skills will have more opportunities to promote jobs than people with normal skills, ready to open 10
New technologies have future employment outcomes.
- The US Federal Reserve (Fed) disclosed the minutes of its daily meeting on Jan. 31 – Feb. 1, stating that the Fed board has
Concerns about inflation remaining above the Fed’s 2% target and the labor market remaining very tight. For this reason, the Fed should
Continue to raise interest rates until it is assured that inflation is sustained downward to the 2% target level.
It takes some time.
- The U.S. dollar strengthened against major currencies in trading at the New York Stock Exchange on Wednesday (Feb. 22).
After the US Federal Reserve (Fed) released minutes of the meeting, indicating that Most Fed committees support the Fed board moving forward.
raise interest rates to curb inflation
- New York gold futures closed slightly lower on Wednesday (Feb. 22) before the Federal Reserve released its report.
meeting, with the gold market closed for trading before the Federal Reserve publishes minutes of its Jan. 31-Feb. 1 meeting.
- Investors keep an eye on US economic data. Today, the number of weekly unemployment benefits will be disclosed and
Gross Domestic Product (GDP) Q4/2022 (2nd Estimate)
Personal Consumption (PCE) Jan, New Home Sales Jan and the Consumer Confidence Index for February from the University of Michigan.
