A treasury manager from the Bank of Ayudhya revealed that the baht opened this morning at 33.50 baht/dollar, a small appreciation. The market closed yesterday evening at 33.52 baht/dollar, with the baht moving once morest regional currencies. while the dollar strengthened due to It was supported by higher bond yields. and the number of unemployment claims has decreased.
“The baht appreciates regionally. while there was support for the dollar from higher bond yields and lower unemployment,” an executive said.
money said
Money managers estimate the movement of the baht today at 33.40 – 33.60 baht/dollar.
THAI BAHT FIX 3M (7 Apr) is at 0.37136% while THAI BAHT FIX 6M is at 0.44171%.
- important factor
- The yen was at 123.93 yen/dollar from yesterday evening at 123.69 yen/dollar.
- The euro was $1.0862/euro from $1.0891 yesterday evening.
- Baht/dollar exchange rate BOT’s interbank weighted average at the level of 33.505 baht/dollar
- The Prime Minister discusses the situation with a large group of CMEC to assess the situation during the festive season. Giving birth measures to organize activities for Songkran, a sharp reduction in imports
Foreign work in the Department of Disease Control Ministry of Public Health cancels RT-PCR testing of foreign travelers, leaving only Antigen Test
Kit (ATK)
- The Thai Chamber of Commerce points out that Songkran this year is not very busy. Expect a hundred billion baht in cash, the lowest in 10 years due to expensive products, people slow down to use
Pay – hope for the Thai economy to recover in the second quarter. Oil prices are expected to be less than 100 USD / barrel. following the United States drains oil reserves into
market
- Secretary-General of the Board of Investment (BOI) reveals the results of the Board of Investment (BOI) meeting
that the statistics of applications for investment promotion in the first quarter of 2022 (Jan.-Mar.) there are a total of 378 projects, an increase of 1% when
Compared to the same period last year, the total value was 110,733 million baht, a decrease of 6% compared to the same period last year.
- The prime minister has asked the BOI to review investment promotion measures to cope with the “OECD”, preparing to collect additional taxes on multinational companies to induce
heart for foreigners to still invest in Thailand
- SCBS worries regarding energy costs soaring affecting inflation, monetary policy Smashing following the Thai economy is at risk of stagflation in
In another 3-6 months, FTI is pleased with March 65, the highest confidence in the private sector in 25 years, ready to urge the government to cancel Test & Go
- The Minister of Finance revealed that the budget deficit must be prepared continuously, saying that in the past Thailand was in a crisis of Covid. which each time has
The issuance of the Royal Decree to borrow money for use making it necessary to make a budget deficit This is the same approach as other countries. as well as public debt
Raising the ceiling like in the past But when the economy began to recover, the ceiling was adjusted down. to help sustain the economy to recover continuously
- Governor of the Tourism Authority of Thailand (TAT) discusses the overview of tourism in the domestic market in the first quarter of the year 65 (M.
c.-Mar.) increased from the same period last year. There were 29.70 million Thai tourists-times, an increase of 73%, and tourism income.
Travel 135,335 million baht, an increase of 53% because it is the tourist season for Thai people. following measures to relax the epidemic control
Covid-19 has opened the country and allow economic activities to resume
- US accelerates balance sheet reduction Strong interest rate hike trend shakes the SET falling 1,700 points, broker indicates fund flow is only out
In the short term, economic and operating results, the company still looks good.
- The U.S. Department of Labor said initial claims for unemployment benefits fell 5,000 to 166,000.
last week which is the lowest level since November 1968 and below the forecast of 200,000 analysts.
- The 10-year U.S. Treasury yield hit a three-year high today amid forecasts that
The US Federal Reserve (Fed) will speed up interest rate hikes to curb inflation.
- The US dollar strengthened once morest the major currencies in trading at the New York Stock Exchange on Thursday (April 7.
y.) This was driven by expectations that the Federal Reserve (Fed) will accelerate interest rate hikes to curb inflation.
- New York gold futures ended positive on Thursday (April 7) as investors bought gold as a safe haven asset.
Amid concerns regarding the Russian and Ukrainian crises
- important economic data today US Wholesale Inventory Report for Feb. Time 21.00 Thai time
- Investors keep an eye on the tense situation between Russia and Ukraine. The latest report states that United Nations General Assembly
The National Assembly (UNGA) has voted to remove Russia from its membership of the Human Rights Council. in response to the Russian military invasion
Ukraine, which is considered a “serious and systematic violation of human rights”
- The European Central Bank (ECB) has released its March meeting minutes. stating that the war between Russia and
Ukraine results in the economic situation facing uncertainty. And that’s why the ECB is wary of its decision to adjust.
raise interest rates
