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Thai baht market conditions: open 33.55, strengthening in the regional direction | RYT9

A treasury manager from the Bank of Ayudhya revealed that the baht opened this morning at 33.55 baht/dollar, appreciated from yesterday evening at 33.71 baht/dollar.

baht currency today and region appreciation from hopes of progress in peace talks between Russia and Ukraine In addition, the price of oil in the world market fell. By this afternoon, follow up with the Monetary Policy Committee (MPC) meeting that is expected to remain Interest rates remain unchanged at 0.50%, but the market waits to assess economic conditions and inflation.

Treasury managers expect the baht to move in the range of 33.45-33.65 baht/dollar today.

THAI BAHT FIX 3M (29 Mar) is at 0.40809%, THAI BAHT FIX 6M is at 0.53704%.

  • important factor

  • The yen was at 122.36 yen/dollar from yesterday evening at 123.74 yen/dollar.
  • The euro was at $1.1103/euro from $1.1040/euro yesterday evening.
  • Baht/dollar exchange rate The BOT’s interbank weighted average stood at 33.728 baht/dollar.
  • The market is keeping an eye on the outcome of the Monetary Policy Committee (MPC) meeting, expecting the MPC to maintain the policy rate at 0.50%.

to help support the economic recovery At the same time, wait and see Will the MPC revise the Thai economy this year or not after the results?

affecting both covid omicron And the Russian-Ukraine problem, most recently, the MPC expects the Thai economy in 65 to grow 3.4%.

  • The Bond Market Association revealed that in the 1st quarter of 2012, private debentures were issued vigorously, reaching 248 billion, a growth of 43% from the same period last year.

Before, investors responded well. It is expected that this year, there will still be a total output of more than 1 trillion for another year. because the cost is not high even if interest rates are rising ready to gradually decrease

short-term bond capital

  • “Exim Bank” prepares to issue green bonds worth 5,000 million baht, aged 3-5 years, continue to support green businesses – projects

Clean energy, pinned for sale in September 65

  • Minister of Finance revealed that the situation of the Russo-Ukraine war and the unresolved covid situation affect the recovery

The character of the Thai economy and the world economy causing many parties to propose to the government to borrow more money to heal and revive the economy now

The Ministry of Finance has yet to consider additional borrowing issues, the government has issued. The Royal Decree has borrowed 1.5 trillion baht. At present, the loan is still

The remaining 70,000 million baht

  • Permanent Secretary Aiming to postpone the tax on the sale of shares before after considering that the current Thai economy is still affected by

The situation of the conflict between Russia and Ukraine as well as the spread of the Omicron strain of covid make it necessary

postpone this tax collection for a while

  • Russia will drastically reduce its military operations around Kiev, the Ukrainian capital. including Chernihiv

Its purpose is to increase the trust between Russia and Ukraine. and to facilitate the next peace talks by both sides

  • Conference Board, an economic research institute The survey revealed that US consumer confidence index rebounded.

It hit 107.2 in March, close to analysts’ expectations of 107.5 from 105.7 in February.

Consumer sentiment was driven by strong labor market trends. including a slowdown in the number of COVID-19 cases in the United States.

  • A survey by S&P CoreLogic Case-Shiller showed that the nationwide home price index in the United States jumped 19.2 percent in January.

C. Year-over-year from 18.9% in December, with home prices still being supported by demand from homebuyers. and tight house stocks, even

that the mortgage interest rate has rebounded

  • The US dollar weakened against the major currencies in trading at the New York Stock Exchange on Tuesday (29 March).

c.) Because investors sell dollars as a safe haven currency. and buy currency that is a risky asset such as the euro After the progress was reported

Page about the peace talks between Russia and Ukraine.

  • New York Gold Contract closed down to the lowest level in nearly two weeks on Tuesday (March 28) and settled down

It’s the third day in a row as investors sell gold as a safe haven asset. After reports of progress in peace talks between Russia

asia and ukraine

  • Investors are keeping an eye on the US non-farm payrolls numbers for March on Friday. While analysts predicted that employment numbers

460,000 jobs will be added in March. Which is less than the 678,000 increase in February and the unemployment rate is expected in March.

C. will drop to 3.7%