(more) Thai baht market conditions: opened 32.74, depreciating from yesterday by region.

A treasury manager from Bank of Ayudhya revealed that the baht opened this morning at 32.74 baht/dollar, depreciating from The market closed yesterday evening at 32.55 baht/dollar, moving in line with the region and world markets as the dollar strengthened after further pressure from the tensions in Ukraine. As commodity prices rose, both oil and gold

“The baht depreciated a lot from yesterday evening. Due to pressure from the Ukrainian situation that has no positive signs. The baht’s direction today is likely to fluctuate,” said a treasury manager.

Money managers estimate the baht’s movements today at 32.60 – 32.85 baht/dollar.

It is also the key point that the market follows. President of the Federal Reserve (Fed) to Congress

THAI BAHT FIX 3M (1 Mar) is at 0.37696% while THAI BAHT FIX 6M is at 0.45848%.

The latest SPOT is at 32.69250 baht/dollar.

• important factor

• The yen was at 114.91 yen/dollar from yesterday evening at 114.78 yen/dollar.
• The euro was at $1.1124/euro from $1.1195/euro yesterday evening.
• Baht/dollar exchange rate The BOT’s interbank weighted average stood at 32.611 baht/dollar.
• At the meeting of the Joint Committee on the Private Sector Collective Action Committee (KorChor.) today, they will jointly assess the impact on the Thai economy in the year 65.

The case of the Ukrainian-Russia crisis especially for export financial transactions which must be discussed in the case of the United States, Britain and European member states (e.

U) has cut Russia out of its financial telecommunication system, or Swift, possibly adopting the same approach in 2014 that Russia was cut off from.

and then used, for example, trade transactions with Russia while making payments through Russian partners such as Kazakhstan, Belarus, Armenia.

instead, etc.

• The Bank of Thailand (BOT) reports the results of a survey on the impact of COVID-19. To the Thai business sector (BSI COVID)

It was found that the private sector viewed that the Thai economy was still fragile. While purchasing power is weakened by the new wave of COVID-19 outbreak omic species

Ron continues to be a drag on the recovery of the business sector. while the recovery in the manufacturing sector faced obstacles related to the shortage of raw materials in

However, most businesses saw that the impact on their income from the omikron outbreak was less than or near.

Compared to outbreaks of delta species

• The president of the Thai Retailers Association revealed that the association and network partners would like to propose 3 measures together with the government to help.

People and businesses in a situation where the cost of living is high and to revive the Thai economy are: 1. The government should expedite budget disbursement and expenditure.

The government sector with a budget of 3.1 trillion baht 2. Should support the price of energy to be stable and as long as possible even though there are measures to support the price by reducing the tax

Diesel excise 3 baht per liter for 3 months, but still not enough, should consider other additional measures such as the use of the fuel fund mechanism

and the issuance of measures to control the price of transportation The shipping cost is considered to be 8-10% of the product cost.

• Guru reveals bustling 65 year digital asset market “Exspring” pointing out that “investors and regulators” are ready to support the growth market “Zipmeg”

x” believes 4-5 years, the volatility decreases Advise investors to study information before investing. “Upbit” indicates that it is a global investment trend. pointing to the war between Russia and Ukraine

The short-term investment direction assessment results are difficult, reiterating that investors need to understand assets and risk diversification.

• The SET indicates that the global digital assets trading surpassed 2.6 trillion baht, the trend continues to expand, believe in the future Thai stock market

Not lost, ready to develop a central platform to connect 2 markets to facilitate fund-raiser-investors, pushing it up to the world level, knocking on the board “TDX”

X” in the third quarter of “CloudSec” recommends safe investment in crypto, must pay attention to “cyber security”, revealing a bad year 64 statistics

from over $1 billion in hacks

• Chairman of the Council of Shippers of Thailand (NSTDA) revealed that from the follow-up and assessment of the impact of the war

between Russia and Ukraine and the trade and financial countermeasures of the United States and the European Union. Preliminary predictions that

It may affect both the global economy and the Thai economy. especially the increase in production costs from both energy prices and raw material prices.

such as steel, grains, semiconductors, which may result in a decrease in orders from trading partners, some of the impact will definitely occur because the economy

Russian affairs are the sixth largest in the world, and we have to wait and see how the government reacts in this regard.

• The US dollar strengthened against the major currencies in trading at the New York Stock Exchange on Tuesday (March 1).

c.) Because investors are buying dollars as a safe haven currency. Amid concerns about the Ukrainian crisis At the same time, investors catch

The numbers of non-farm payrolls in the United States, which are scheduled to be released on Friday.

• New York gold futures closed above $1,940 on Tuesday (March 1) as tensions escalated.

Russia and Ukraine continue to spur investors to buy gold as a safe haven asset.

US Treasury yields are also a factor in buying gold.

• Investors are keeping an eye on Federal Reserve Chairman Jerome Powell, who is due to give a semi-annual statement on

US monetary policy and economic conditions to the US House of Representatives Committee on Monetary Services on March 2 and will continue to announce

OR

22.00 Thai time

• Investors are waiting for the release of the US non-farm payrolls numbers on Friday. As analysts expected

It is estimated that the number of jobs will increase by 415,000.

• US President Joe Biden is due to give an annual State of the Union policy statement to Congress during

This morning, around 9:00 a.m. Thai time, today’s annual policy statement was the first for Biden and was

At the invitation of the Speaker of the US House of Representatives

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