A money manager at the Bank of Ayudhya revealed that this evening the baht was at 36.48 baht/dollar, strengthening from the market opening this morning at 36.59 baht/dollar, moving in line with the world market after there was pressure to sell dollars to make a profit. Because the bond yield adjusted downwards during the day, it moved within the range of 36.40 – 36.64 baht/dollar.
“The direction of the baht today is quite volatile following the selling pressure of the dollar to make a profit. But it is likely to be a short-term situation,” the money manager said.
money manager The baht’s movement range on Monday is estimated at 36.40 – 36.65 baht/dollar. Tonight, the market is waiting. Look at the US Personal Consumption Expenditures (PCE) price index for August, which is expected to increase 3.5%.
THAI BATH SPOT RATE FIXING is at the level of 36.4419 baht/dollar.
Important factors: The yen is at 148.95 yen/dollar from the morning level of 149.32 yen/dollar. The euro is at 1.0607 dollar/euro from the morning level of 1.0572 yen/dollar. Governor The Bank of Thailand (BoT) explained that the MPC resolved to increase interest rates by 0.25% on September 27.
by giving weight to the outlook for the economy in the future In the past, interest rates in Thailand have been low for a very long time, resulting in household debt remaining low.
at a high level and creates Search for yield behavior. Therefore, monetary policy must take into account the long-term situation as well, not
Just look at daily or short-term data that tends to fluctuate.
BoT states the Thai economy in August 2023 It is in the direction of recovery according to income in the tourism sector. domestic demand both
Private consumption and investment slowed down somewhat. After accelerating expansion last month The value of merchandise exports, excluding gold, decreased in part from increased supplies.
Trade partner countries’ needs slow down Meanwhile, industrial production remained stable. As for government spending, it continues to expand from current expenses.
The International Monetary Fund (IMF) has stated that if U.S. government agencies are shut down or shut down, it will result in
The US economy faces risks. Even though it is a risk that can be avoided. along with calling on members of Congress to expedite the resolution
Agreed to approve budget for US agency
China Beige Book International (CBBI) released the China Beige Book report, a report exploring the state of
China’s economy today (Sept. 29), stating that China’s economic activity slowed down in September. by retail sales and power
Set prices, including industrial production. and lending They slowed down more than in August.
Japanese government Revealed that industrial production dropped 1.8% in August after falling 1.8% in July as well.
But it is likely to increase 5.8% in September and is expected to increase 3.8% in October.
2023-09-29 08:51:46
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