The baht continued to strengthen at 35.08 baht per dollar – Thai stocks fell more than 10 points.

The baht closed tonight at 35.08/10 baht/dollar, slightly appreciating. From the opening of the market in the morning at 35.14 baht / dollar, the market is waiting for the meeting of the Federal Reserve (Fed) next week on interest rates for the last round of the year.

The SET index closed today at 1,622.28 points, a decrease of 10.69 points (-0.65%), with a trading value of 55,956 million baht. Foreigners bought a net of 1,359.01 million baht (SET+MAI).

The Private Sectors Joint Committee of 3 Organizations or CRC predicts that Thailand’s economy in 2023 will likely expand at 3.0-3.5 percent, which is a lower growth rate than peers in the ASEAN region such as Malaysia, Indonesia and the Philippines. Meanwhile, exports are expected to slow in line with the weakening global economic outlook. It is expected to expand in the range of 1.0 -2.0 percent, while headline inflation is expected to be in the range of 2.7-3.2 percent, preparing to propose that the government consider postponing the automatic adjustment of electricity rates (Ft) in January ..-April. 66 Go out first to mitigate the effect of the people.

# Thai economy

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