A treasury manager from the Bank of Ayudhya revealed that the baht opened this morning at 33.43 baht/dollar, revised up from the close yesterday evening at 33.48 baht/dollar.
This was due to factors supporting the dollar against major currencies except the yen after US economic data came out worse than market expectations. While the market still has concerns about oil prices. and inflation
“The baht appreciated from yesterday evening. After opening the Thai baht market down to 33.37 baht/dollar, today’s direction is likely to fluctuate.”
said the treasury
Money managers estimate the baht’s movements today at 33.30 – 33.50 baht/dollar.
THAI BAHT FIX 3M (Oct 18) is at 0.33563% while THAI BAHT FIX 6M is at 0.35812%.
important factor
- The yen was at 114.15 yen/dollar from yesterday evening at 114.40 yen/dollar.
- The euro was at $1.1625/euro from $1.1580/euro yesterday evening.
- Baht/dollar exchange rate The BOT’s interbank weighted average stood at 33.457 baht/dollar.
- “Big Tu” ordered to expedite the problem of hacking bank accounts, debit cards, and people’s credit. Ready to take care of refunding the injured “Chaiyawut” vows not to let the wrong person go unnoticed Believe that there is a movement in Thailand. Prepare to propose to the Cabinet to issue a law to register digital entrepreneurs in the whole system. to monitor and supervise Police prepare to collect damage before setting up an investigation committee trace the money-sucking process Revealing 3-4 thousand victims, the Bank of Thailand prepares to raise the level of cyber threats
- The commander-in-chief of the police ordered to expedite the investigation of the gang stealing money from bank accounts, credit cards, prosecuting the “Bank of the National Bank – Thai Bankers’ Association” has already got clues. Found as transactions arising from transactions for payment of goods and services with online stores registered abroad. Ready to order to suspend all cards that have problems.
- Finance Minister reveals COVID-19 crisis Lost the country’s income of 2 trillion baht pointed out Royal Decree borrowing 1.5 trillion baht to heal the impact causing the need to move the debt ceiling framework, suggesting to build 3 immunity to fight the crisis, ready to open 4 ways to increase government income
- “Sak Siam” accelerates investment in the year 65 more than 9.74 billion baht, launching 24 new projects across the country Expanding the network of roads, motorways, electric trains, new double-track railways, expanding the airport, Pop Land Bridge. Ready to move forward to open PPP, develop two deep sea ports, set up a national shipping line Navigate routes in the country
- Operations Center Director The Center for Covid-19 Situation Administration (Prof. B.E.C.) discusses the readiness to open the country to tourists without quarantine according to the Prime Minister’s policy that within 1-2 days, all resolutions will be obtained. What needs to be done urgently is to increase vaccination capacity. By confirming that vaccines that will be imported to Thailand after this will meet the original target set. and the determination of countries that allow entry to Thailand without detention and preparation of all departments, especially in public health including the readiness of
Tourism and the private sector and availability of all areas which the government must prepare a plan Support if there is a problem - The dollar rose against the major currencies in trading on the New York Stock Exchange overnight (Oct. 18) after rising US bond yields. While investors keep an eye on US economic data this week. This includes the number of weekly unemployment claims. and second-hand home sales
- New York gold futures ended negative tonight (Oct. 18) with the trading atmosphere being pressured by rising US Treasury yields.
- Other U.S. economic data due to be released this week include September housing starts and building permits, weekly unemployment claims, the Philadelphia Fed manufacturing index for October. LPHIA, Sept. Home Sales, Purchasing Managers Index (PMI) Oct. First Service Sector from Markit. and the Purchasing Managers Index (PMI) for the October manufacturing sector from Markit.
- The financial market is expected to The Bank of England (BoE) will raise interest rates at its November and December monetary policy meetings. and will continue to raise interest rates next year After BoE Governor Andrew Bailey signaled the BoE was likely to raise interest rates to cope with rising inflation.
By InfoQuest News Agency (Oct. 19, 1964)
Tags: Thai Baht, Bank of Ayudhya, Thai Baht
