2024-03-18 02:11:00
March 18, Ms. Kanchana Chokpaisansin Research executive Kasikorn Research Center revealed that the baht reached its weakest level in two weeks at 35.96 baht per dollar. before returning to the level of 35.90-35.92 baht per dollar. This morning (8.50 a.m.) compared to the domestic market closing level at the end of last week at 35.78 baht per dollar.
The baht continued to depreciate in line with other currencies in Asia, while the dollar strengthened in line with the US bond yield. Among the market’s predictions in the period before the FOMC meeting on March 19-20 that signals from the US Federal Reserve Or the Fed should reflect that the Fed is not in a hurry to cut the policy interest rate. And there may be a revision to the US economic forecast once more.
For the framework of the movement of the baht today Initial estimate is 35.80-36.00 baht per dollar. Meanwhile, important factors that need to be monitored include the direction of foreign investment. Meanwhile, important foreign economic figures include Chinese economic figures for January-February. (such as industrial production, retail sales, investment in fixed assets and unemployment rate) February inflation rate of the Eurozone and the housing market index in March of the United States
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