Miss Kanchana Chokpaisansin, research executive at Kasikorn Research Center Co, Ltd, has reported that the baht closed the market today at 36.97 baht per dollar, slightly lower than yesterday’s closing level of 37.07 baht per dollar. The baht reached its peak for the day at 36.80 before experiencing a gradual depreciation, which can be attributed to foreign investor fund flows. Notably, there was a net sale of 2,140.46 million baht in Thai stocks, further highlighting the outflow status from the Thai bond market with a value of 2,493 million baht.
Looking ahead, it is expected that the baht will start tomorrow within the range of 36.80-37.15 baht per dollar. However, it is crucial to closely monitor key factors such as the direction of foreign capital, currency situations in other Asian countries, statements from Fed officials, as well as important labor market data for the United States in September, including non-farm employment figures and the unemployment rate. These variables will undoubtedly impact the movement of the baht in the near future.
Miss Kanchana Chokpaisansin research executive at Kasikorn Research Center Co, Ltd revealed that the baht today (October 5) closed the market at 36.97 baht per dollar. Compared to yesterday’s market closing level of 37.07 baht per dollar. The baht hit its strongest level of the day at 36.80 before gradually depreciating during the day in line with foreign investor fund flows. Today, there was a net sale of 2,140.46 million baht in Thai stocks and it still has a Net Outflow status from the Thai bond market, which is another 2,493 million baht.
About the framework for moving the baht tomorrow It is expected to start at 36.80-37.15 baht per dollar. Meanwhile, important factors that need to be monitored include the direction of foreign capital. Other currency situations in Asia: Statements from Fed officials Including September labor market data for the United States, such as non-farm employment figures. and unemployment rate
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