A treasury manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 33.37 baht / dollar, depreciating continuously. from the close of the market yesterday evening at 33.32 baht / dollar
The baht moves in the direction of the world market. After the dollar strengthened due to support from better-than-expected US economic data and the tendency for the Federal Reserve (Fed) to accelerate the end of QE measures and raise interest rates.
“The baht continued to depreciate in line with the global market trend. after there was a factor supporting the dollar’s appreciation The market is changing very fast these days.” Executives
money said
treasury Estimated the movement of the baht today at 33.25 – 33.50 baht / dollar.
THAI BAHT FIX 3M (24 Nov) is at 0.23104% while THAI BAHT FIX 6M is at 0.27552%.
- important factor
- The yen was at 115.38 yen/dollar, its weakest in nearly five years from yesterday evening at 115.08 yen/dollar.
- The euro was at $1.1210/euro from $1.1221 yesterday evening.
- Baht/dollar exchange rate The BOT’s interbank weighted average averaged at 33.292 baht/dollar.
- “Magic” insists on not using extremist fiscal policy After the state borrowed 1.5 trillion baht to support the economy, the “National Bank” was worried
The economy is recovering by numbers. Upholding the policy of the Treasury is still a hero Worried about rising household debt
- Bank parade adjusts Thai economic growth this year, moving to a frame of 0.7-1.2% next year, 3.2-3.7% due to strong delivery. both consumption
private sector, exports, regional integration Looking at the tourism sector to return to normal for many more years
- Director-General of the Treasury Department revealed that due to the epidemic situation of the coronavirus that still affects the overall economy
of the country, the Board of Appraisals for the State Benefit Therefore, it was resolved to expand the use of land or building appraisal accounts in
The fiscal year 2016-2019 will continue for another year until the end of 65 and new land appraisals will be announced at the same time across the country from 1
Jan. 66 onwards to help people reduce the burden of appraisal Including the land and building tax next year.
- The BOT has resolved to reduce the price of “diesel” fuel to 28 baht per liter, adjusting the formula to only B7, one type, carrying users for 4 months, D-Day 1.
Dec.21 – Mar.65
- The Federal Reserve (Fed) released the minutes of its latest meeting on Nov. 24, saying that the Federal Reserve’s board has
The consensus is that the Fed’s Monetary Policy Committee (FOMC) should be prepared to accelerate the cuts in the purchase program.
Bonds following quantitative easing (QE) and interest rate hikes If inflation remains high for a long time
- New York gold futures closed positive tonight (Nov. 24), boosted by speculative buying pressure after gold futures fell.
For 4 consecutive days, however, the gold contract moved up only slightly. Because most investors sell gold as a safe haven asset.
After the US released strong economic data.
- The US dollar rose against the major currencies in trading on the New York Stock Exchange last night (Nov 24).
After the Federal Reserve (Fed) officials encouraged the acceleration of the reduction in the amount of the bond purchase program following the easing measures.
Volume (QE), which will cause the Fed to raise interest rates faster than expected.
In addition, the release of strong US economic data may drive the Fed to raise interest rates faster than expected. The U.S. gross domestic product (GDP) grew 2.1% in the third quarter, higher than the first estimate of 2.0 percent.
Initial claims for unemployment benefits fell 71,000 to 199,000 last week. which is the lowest level count Since Nov. 15, 1969, the general personal consumption expenditure (PCE) price index, which includes food and energy, rose 5.0 percent year-on-year in October. This is the largest increase since November 1990.
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