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Thai baht market conditions: Open 32.95/98, sideway trend in the frame of 32.90-33.05.

Bangkok Bank treasury revealed that the baht opened this morning at 32.95/98 baht/dollar, appreciated from 33.00 baht/dollar yesterday evening.

Today, the baht is expected to be sideway as the market is still waiting for the outcome of the Federal Open Market Committee (FOMC) meeting to wait for the policy rate hike. While the factors in the country are nothing new.

Today the baht should be a sideway, the market is waiting to hear the outcome of the Fed meeting on interest rates,” said a treasury manager.

Treasury managers expect the baht today to move in the range of 32.90 – 33.05 baht/dollar.

THAI BAHT FIX 3M (24 Jan) is at 0.35444% while THAI BAHT FIX 6M is at 0.34042%.

  • important factor

  • The yen was at 113.80 yen/dollar from yesterday evening at 113.57 yen/dollar.
  • The euro was $1.1317/euro from $1.1324 yesterday evening.
  • Baht/dollar exchange rate The weighted average of the interbank The Bank of Thailand is at the level of 33.028 baht/dollar.
  • “Treasury” proceeds to extort sales tax on shares – tax on land and buildings After the covid subsides economic recovery Strong voice does not cut fuel tax

Ask for a last resort to control energy prices Explain that the government still needs money.

  • The Bank of Thailand (BOT) will issue regulations to regulate the use of digital assets. (cryptocurrencies) in some types, such as

Stablecoin is a type of stablecoin that does not fluctuate much in value. The guidelines for using crypto payments Verify is not blocked and not opened at once, but stays.

In the middle, there may be criteria to take care of After having discussed with relevant agencies and some statutes are not at Only the Bank of Thailand

Only if there is a conclusion will be revealed later

  • Bank of Thailand Association of Thai Bankers and the Association of State Financial Institutions has opened the service “dStatement” or digital bank

statement is a service to send and receive bank statements in digital form directly between institutions.

Finance for people who need bank statement information as evidence for applying for financial services through channels

mobile banking application or other channels as specified by each financial institution

  • The Thai Chamber of Commerce points to the year 65 food prices around the world. and Thailand aims to adjust the base in a big way after rising production costs But Thai manufacturers have not

Increase the selling price because of the cooperation with the commerce to fix the price If you can’t do it, you will have to ask for more, but not much. The purchasing power of Thai people is not yet Offer the state to reduce costs

It is expected that in the year 65 food exports will exceed 1.2 trillion baht.

  • Vice President and Spokesperson for Automotive Industry Group The Federation of Thai Industries (FTI) revealed that FTI has

It is estimated that the production of cars in 2022 is 1,800,000 units, more than in 2021, which is 1,685,705 units, an increase of 6.78%.

It is the production for export of approximately 1,000,000 units, equal to 55.56% of the total production. and produced for distribution in the country

Approximately 800,000 units, equal to 44.45% of the total production

  • The US Dollar is strengthening against the major currencies. in trading at the New York Stock Exchange on Monday (Jan. 24).

Because investors buy dollars as a safe haven currency. amid concerns about the tense situation in Ukraine.

The dollar was also driven by expectations that the Federal Reserve (Fed) would raise interest rates faster and harder than expected to curb inflation.

  • New York gold futures ended positive on Monday (Jan 24), boosted by investors buying gold as an asset.

Safe amid concerns about tensions in Ukraine

  • Markets are keeping an eye on the Fed’s Jan. 25-26 monetary policy meeting after several Fed officials expressed their opinions.

see support for raising interest rates in March to curb inflation

  • Investors are closely watching the tense situation in Ukraine. After it was reported that the United States and Britain had notified diplomatic officials, including

The family rushed to evacuate from Ukraine. While the North Atlantic Treaty Organization (NATO) has announced that it will strengthen its military by land and sea.

and by air along the eastern border This is because it is more likely that Russia may soon attack Ukraine.