Post by account_disabled on Jan 1, 2024 0:41:26 GMT -5
Kasikorn Research Center Report on the movement of the baht value that last week The baht hit its strongest level in more than six years, with the baht strengthening at the beginning of the week in line with the direction of other currencies. in Asia and the net buying position of Thai bonds by foreign investors While the dollar Facing continuous sales pressure After US economic data which has a weak signal, reinforcing the chance of a reduction in the US policy interest rate At the end of October The baht increased its positive range and recorded its strongest strength in more than 6 years, at 30.16 baht per dollar. Amid support from technical factors after the baht strengthened past the line of 30.20 baht per dollar. available at the end of the week Dr. Anusorn Thamjai, Director.
The Economic Research Center Rangsit University, as a former board member Country Email List of the Bank of Thailand (BoT), spoke about the strengthening of the baht that will aggravate the export sector, saying that the situation of the export sector in the next six months In addition to being affected by the GSP cut, it may also be aggravated by the appreciation of the baht as a result of short-term funds flowing in to speculate in the financial market from liquidity that still overflows the global financial system. “The trend of the baht may strengthen to the level of 28-29 baht per dollar. Strengthening at such a level will not be beneficial to the export sector. Employment and overall economic expansion are necessary, so the BoT may have to use the results of the study on the establishment of a certain amount of international reserves.
National Wealth Fund that have been done, come back and consider it again,” Dr. Anusorn said In addition, you should study and review whether Is the managed floating exchange rate system used 22 years after the 1997 economic crisis still consistent with the country's current and future internal economy and financial position? Tags # Macroeconomics 75355-8WYRwFzVB6Vldn8zivQV1x8rLdjcHI7z 75354-tiRqQBkhSHNQroSL7Cr1DsG4H9ZPUbIz 75339-7AHRrLibRBWpgHwCjyL3Vs2dMCGBx3Z5 75340-0CvOt8PYXEHyIwp2TejiwzSGVOSarTP7 Share This Pressure On The Economy Older Article EGAT Worried About Importing LNG During 'December' Prices Are Higher Than 'April'. RELATED POSTView More MACROECONOMICS The downward interest rate cycle abroad that is likely to begin in the second quarter of next year is likely to cause Thai government bonds to decline. and the baht can continue to strengthen Preecha Dec 27, 2023 MACROECONOMICS.
The Economic Research Center Rangsit University, as a former board member Country Email List of the Bank of Thailand (BoT), spoke about the strengthening of the baht that will aggravate the export sector, saying that the situation of the export sector in the next six months In addition to being affected by the GSP cut, it may also be aggravated by the appreciation of the baht as a result of short-term funds flowing in to speculate in the financial market from liquidity that still overflows the global financial system. “The trend of the baht may strengthen to the level of 28-29 baht per dollar. Strengthening at such a level will not be beneficial to the export sector. Employment and overall economic expansion are necessary, so the BoT may have to use the results of the study on the establishment of a certain amount of international reserves.
National Wealth Fund that have been done, come back and consider it again,” Dr. Anusorn said In addition, you should study and review whether Is the managed floating exchange rate system used 22 years after the 1997 economic crisis still consistent with the country's current and future internal economy and financial position? Tags # Macroeconomics 75355-8WYRwFzVB6Vldn8zivQV1x8rLdjcHI7z 75354-tiRqQBkhSHNQroSL7Cr1DsG4H9ZPUbIz 75339-7AHRrLibRBWpgHwCjyL3Vs2dMCGBx3Z5 75340-0CvOt8PYXEHyIwp2TejiwzSGVOSarTP7 Share This Pressure On The Economy Older Article EGAT Worried About Importing LNG During 'December' Prices Are Higher Than 'April'. RELATED POSTView More MACROECONOMICS The downward interest rate cycle abroad that is likely to begin in the second quarter of next year is likely to cause Thai government bonds to decline. and the baht can continue to strengthen Preecha Dec 27, 2023 MACROECONOMICS.