A treasury manager from the Bank of Ayudhya revealed that the baht opened this morning at 36.40 baht/dollar from yesterday evening at 36.43 baht/dollar, moving in line with regional currencies. As the dollar swings wildly After the European Central Bank (ECB) raised interest rates by 0.75%
“Baht moves by region As the dollar moves Today, we have to follow the flow of foreigners.” Treasury Manager Treasury managers estimate the movement of the baht today at 36.30 – 36.55 baht / dollar by monitoring the direction of foreign capital (flow).
THAI BAHT FIX 3M (8 Sept) is at 0.86479 % while THAI BAHT FIX 6M is at 0.97649%.
important factor
- The yen was at 143.70 yen/dollar from yesterday evening at 143.89 yen/dollar.
- The euro was at $1.0049/euro from yesterday evening at $1.000/euro.
- Baht/dollar exchange rate The BOT’s interbank weighted average stood at 36.447 baht/dollar.
- “Thai Bond Market Association” expects the trend of digital bond offering to grow continuously Responding to new investment needs, revealing 8 months of this year, sales of 23 billion baht from the previous year, 6 billion in terms of “Sansiri-Sri Trang-Bangchak” queued to open for sale at the end of 65, hoping to have a central app open to other banks to offer Selling to benefit investors
- The National Rice Policy and Administration Committee or NAO. Green light 3 projects to guarantee farmers income for the year 4, budget 150 billion, aiming to help farmers 4.68 million households.
- Expect to brew the Cabinet on 13 September, expanding the diesel tax reduction measure by another 5 baht per liter until the end of 65, but the negotiations are still not perfect. After the government pressured by the Ministry of Energy to reduce the tax by 5 baht per liter while the Treasury offered to reduce only 1-3 baht because the world oil has dropped below 100 dollars and the state has lost revenue from the diesel tax reduction. 68,000 million baht, if reducing another 5 baht, it will cause the state to lose income to 98 billion baht.
- Constitutional Court judges discuss a special meeting The 8-year prime minister ordered the secretary-general of the Council to send the minutes of the 501st CDC meeting within 13 September with a new meeting scheduled for 14 September.
- The ECB meeting yesterday voted to raise the deposit interest rate to 0.75%, raise the refinancing rate to 1.25%, as well as raise the lending rate to 1.50%, effective on 14 July. It also signaled further interest rate hikes.
- Euro strengthens once morest US dollar. In trading at the New York Stock Exchange on Thursday (Sept. 8) the European Central Bank (ECB) raised interest rates by 0.75% at its meeting yesterday.
- The Labor Department said initial claims for unemployment benefits fell 6,000 to 222,000 last week. That was the lowest level in three months and below the 240,000 analysts had expected.
- The President of the US Federal Reserve (Fed) delivered a speech at the Cato Institute late yesterday evening. The Fed is committed “Very vigorously” in controlling inflation. And the Fed hopes that achieving that goal will not cause exorbitant social costs. Meanwhile, Mr Powell signaled that cessation of interest rate hikes or cut interest rates It won’t happen anytime soon.
- Investors are eyeing the release of the consumer price index (CPI) for the month of August in the United States on Tuesday, Sept. 13 for signs of interest rates by the Fed at this month’s meeting.
By InfoQuest News Agency (09 Sep 65)
Tags: baht, exchange rate, baht
