Home Business The Thai baht closed today, depreciating at 33.36 baht per dollar.

The Thai baht closed today, depreciating at 33.36 baht per dollar.

by news dir

August 20, 2021


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The Thai baht closed today (August 20) depreciated at 33.36 baht per dollar. from the market opening at 33.34 baht per dollar Foreigners gradually sell Thai stocks and bonds. Keep an eye on the Fed meeting next week, signaling monetary policy. Looking at the baht frame at 33.00-33.50 baht per dollar next week

missKanchana Chokpaisarnsilp Research Administrator, Research Group Kasikorn Research Center revealed that the baht closed the domestic market at 33.36 baht per dollar Depreciated against the open level of 33.34 baht per dollar.

The baht returned to depreciation following the net selling position of foreign investors in Thai stocks and bonds. The market is also waiting for signals about the Fed’s monetary policy action at the Fed’s annual symposium in Jackson Hole next week. As for the movement of the baht next week, it is estimated at 33.00-33.50 baht per dollar.

While the Kasikorn Research Center assesses key factors to monitor, including the Fed’s annual symposium in Jackson Hole, July export figures of Thailand and the Covid situation While important US economic numbers include second-hand home sales. new home sales durable purchase orders personal income/expense and inflation as measured by the PCE/Core PCE Price Index in July, the Consumer Confidence Index. 2Q21 GDP data (2nd time) and weekly unemployment claims The market is also waiting to track the August PMI (preliminary) of the Eurozone, the UK and the US.

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