2024-04-24 10:30:05
InfoQuest news agency (April 24, 2024)
A fund manager at Bangkok Bank revealed that the baht closed this evening at 37.01/02 baht/dollar, down from the previous period. In the morning, the market opened at 36.89 baht/dollar, during the day, the baht moved between 36.89 and 37.04 baht/dollar. No significant economic figures have yet been announced. Moves in line with gold prices and fund flows, with the baht moving in the same direction as regional currencies. As for the economic numbers to follow tonight, there are durable goods orders in March. and weekly oil stock from the Treasury Director office of the United States Energy Information Administration (EIA) The baht’s movement range is estimated at 36.80 to 37.10 baht/dollar tomorrow. * Important factors – The yen is at 154.91/94 yen/dollar compared to 154.79 yen/dollar this morning. – The euro is at 1.0684/dollar/euro. from this morning at 1.0708 dollars/euro – The SET index closed today at 1,361.10 points, an increase of 3.64 points (+0.27%) Trading value 38,536, 24 million baht – Summary of trading volume by group. Foreigners sold a net amount of 471.44 million baht – A report from Government House revealed that the Governor of the Bank of Thailand (BoT) wrote a letter to the Cabinet Secretariat (Cabinet) dated April 22, 2024 to propose that this be a notice for review of the digital wallet project that has been approved. I like Cabinet Principles Yesterday Some comments suggest using a 10,000 baht digital wallet only for the target group. I just need help In order to ease the burden of living expenses It is believed that this will help stimulate the economy in an efficient and cost-effective manner, using a reduced budget – Deputy Governor. The Monetary Policy Group, BoT, discussed the case of the Prime Minister Invite the heads of 4 major commercial banks for discussions and ask them to assess the likelihood of a reduction in interest rates. Even though the key interest rate has not been reduced, Tonight the Thai Bankers Association will hold a discussion to brainstorm ways to help customers, with a focus on vulnerable groups. Many parties, including the BoT, agree that it is necessary to provide assistance to this group first. Therefore, we have to wait and see what the Thai Bankers Association Guidelines or measures will be issued. What more needs to be done to take care of this group of customers? – Deputy governor? BoT Monetary Policy Group and Secretary of the Monetary Policy Committee (MPC) revealed that the MPC is ready to review interest rate policy. If there is additional new information and has resulted in a significant change in the outlook for the Thai economy. He confirmed he was not committed to interest rates. Just consider the impact, sustainability and implications for the policy framework. Is it sufficient ? – Bank of America (BofA), a multinational investment banking and financial services company based in the United States. Some Asian currencies are negative, while others are subdued. and declared that it was the beginning of an era of turbulence. The currency is Chinese yuan, South Korean won, Taiwan dollar, Thai baht and Vietnamese dong. in the weak category Ready to predict that Thai baht will be 37 baht to the US dollar by the end of this year – JPMorgan Chase Bank CEO expressed confidence that the US economy is strong, supported by strong employment figures and good financial health of consumers – Former Japanese Deputy Minister of Finance. for International Affairs reveals that Japan is poised to intervene in the foreign exchange market if the yen weakens further. This statement comes as the Japanese currency approaches its lowest level in 34 years, at 154.88 yen against the dollar, according to the Japanese Minister of Finance. Stressing that authorities are ready to act to resolve the situation, Bank of America forecasts that the yen could weaken as much as 160 yen to the dollar.
By Papassorn Ongpichetmétha/Ratchada Kongkhunthian
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