Ms. Kanchana Chokpaisarnsilp research executive Kasikorn Research Center revealed that baht today (15 Jul) depreciated to 36.73 baht per dollar It is the weakest level in 15 years and 8 months. before returning to close the domestic market at 36.60 baht per dollar It continued to weaken from yesterday’s close at 36.52 baht per dollar.
bybahtIt weakened in line with most Asian currencies and the yuan, following lower-than-expected China’s second-quarter GDP boosted concerns over signs of global economic weakness.
while the dollar Still supported by the Fed’s interest rate hike trend. In addition, the depreciation of the baht was in line with the net sell position. and Thai bonds of foreign investors during the day as well (1,063.84 million baht and 1,749.03 million baht, respectively).
for the frame movement ofbahtnext week is expected at 36.30 – 37.10 baht per dollar
while the important factors that need to be monitored include the situation of foreign capital. Thailand’s export data for June European Central Bank meeting results Bank of Japan central bank of indonesia and the determination of the LPR loan interest rate of the People’s Bank of China
While important US economic numbers are the housing market index. Philadelphia Fed Manufacturing Survey and PMI Index (Preliminary) July Homebuilding Startup Data Second-hand house sales in June and the number of weekly unemployment benefits claims
In addition, the market is still waiting to track the June inflation figures. and the PMI index (preliminary) for July of the Eurozone, the UK and Japan as well.
Proofread by….Suree Silawong
