Miss Kanchana Chokpaisansin research executive at Kasikorn Research Center Co, Ltd revealed that the baht today (7 February) weakened to close the market at 35.63 baht per dollar. from the day’s strongest level at 35.45 baht per dollar The baht weakened gradually in the afternoon. After the MPC meeting, which voted unanimously 5 to 2 to maintain the policy interest rate at 2.50% (2 members of the committee agreed that the interest rate should be reduced by 0.25% at this meeting) In addition, the CDC has still a cautious opinion on evaluating Thailand’s economic picture. And the economic forecast for 2024 has been lowered in this meeting as well. For today’s fund flow direction Net foreign investors sold Thai stocks for 2,006.40 million baht and returned to buy Thai bonds for 1,128 million baht.
About the framework for moving the baht tomorrow The initial estimate is 35.50-35.80 baht per dollar. Although the important factors that need to be followed include the direction of fund flow. Statement by Fed officials China’s January Consumer Price Index and Producer Price Index and the number of weekly jobless claims in the United States.
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