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(Added) Thai baht market conditions: Open 31.20 / 24 | RYT9

A money manager from Bangkok Bank said that the baht opened at 31.20 / 24 baht / dollar this morning, depreciating from yesterday evening, which closed at 31.17 baht / dollar.

This morning, the baht weakened from yesterday evening’s close. And it is expected that the baht today will move towards a depreciation following the rising US bond yield factor (Bond Yield) which continues to rise significantly.

“Today baht would be depreciating. Based on the Bond Yild factor, the money executive said.

Money managers expect the baht to move in a range of 31.15 – 31.25 baht / dollar.

THAI BAHT FIX 3M (March 29) was at 0.34599% while THAI BAHT FIX 6M was at 0.34460%.

The latest SPOT is at 31.21750 baht / dollar.

  • Key factor

  • The yen stood at 109.80 yen / dollar from yesterday evening at 109.58 yen / dollar.
  • The euro was at $ 1.1700 / euro from yesterday evening at $ 1.1772 / euro.
  • Exchange rate baht / dollar The BOT’s interbank weighted average is 31.199 baht / dollar.
  • Bank of Thailand points out “bank-non-bank” parade requests for licensing digital personal loans, bustling Recently, two green lights are pending.

Many others hope to help people access credit. Reduce dependence on the informal debt Krungsri plans to apply for a license Business trend continues to grow

  • CAT has added “Bangkok” as a pilot to open the country to foreign tourists without detention starting Oct. 1, strengthening the city of tourism

6 major trips to Phuket, Krabi, Phang-nga, Samui, Pattaya, Chiang Mai, pushing an additional 3 million people close to the total target of 6.5 million this year

  • The Prime Minister ordered the Suez Canal crisis closer The impact on import-export of goods Point out problems resolving quickly, making less impact on the side

SorTor. Win to open 300 ships queuing through the canal, shocking Thai products to arrive at the destination late Commercial side recommends private contact with importer – planer

Receiving slow transportation and residual products

  • The US Trade Representative (USTR) said the US was not ready to lift tariffs on Chinese goods anytime soon.

This, however, may open up an opportunity to negotiate with China.

  • The US Dollar appreciates against all major currencies. In trading at the New York Exchange last night (29 Mar).

Because investors buy dollars, a safe asset. After the news was reported that the US hedge fund had defaulted on the insurance increase.

(Margin Call) and resulted in severe volatility in the US stock market trading conditions.

  • New York gold futures closed down to a three-week low last night (29 Mar) due to the appreciation of

The dollar resulted in the gold contract, which was priced in the dollar denominated. It is less attractive to investors holding other currencies at the same time.

Investors keep an eye on President Joe. Biden of the United States Which will announce a public utility investment plan on Wednesday.

  • Investors keep an eye on President Joe Biden’s $ 3 trillion in infrastructure investment, expecting him to

The project was revealed on Wednesday.

  • Other US economic data due this week include: January house price index from S&P / Case-Chip

Dealer, March consumer confidence index from the Conference Board, March private employment figure from ADP, sales contract sales

Houses waiting to close sales (pending home sales) in February, the number of weekly unemployment claims, purchasing managers’ index.

(PMI) Final Manufacturing Mar. From Marquit, March Manufacturing Index From the US Institute of Supply Management (ISM),

Construction spending in February And car sales in March

  • Investors are also waiting to see the US March nonfarm payroll figures on Friday. While analysts predicted that

Employment numbers will increase by 630,000 in March. And it is expected that the unemployment rate will drop to 6.0%.

– InfoQuest by Kasamaporn Kittisamphan / Ratchada Tel. 02-2535000 ext. 317 Email: [email protected]


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