Siam Commercial Bank Financial Market Group Evaluate the value of the baht today (7 February 2024), moving in the range of 35.40-35.65 baht / dollar.
As for the baht, it strengthened a bit yesterday. This is because the dollar has weakened as US Treasury yields have adjusted downwards. In addition, Asian markets recovered from the news that China will have additional measures.
The Chinese stock market rose. After news reports that Chinese officials will meet with senior leaders announced measures to take care of the stock market and stimulate earnings to increase
Investors are keeping an eye on the results of today’s MPC meeting, with SCB FM predicting that interest rates will be maintained despite the Prime Minister pressing the MPC to cut interest rates by 0.25%.
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