“Baht” Today the market opened at 34.85 baht, and I recommend buying foreign currencies to cover the risks.

Department of Capital Markets and International Transactions temp thanchart TTP He revealed that the baht this morning (30 Nov ’23) opened the market at 34.85 baht/$, strengthening compared to yesterday’s market closing price of 34.87 baht/$.

The US dollar strengthened against major currencies afterUS Department of CommerceRevealing the second estimate of the GDP for the third quarter of 2023, indicating that the GDP expanded by 5.2%, which is higher than the first estimate of 4.9% and higher than analysts’ expectations of 5.0%, driven by private investment and government spending.

Investors are awaiting the release of the Personal Consumption Expenditures (PCE) Price Index for October in the US today. The PCE is a measure of inflation.Nourish itIt is important because it can detect changes in consumer behavior and covers the prices of goods and services more broadly than the Consumer Price Index (CPI).

While foreign investors yesterday made net purchases in the Thai bond market worth 6,166 million baht and net sales in the Thai stock market worth 3,327.55 million baht, today the value of the baht moves in the range of 34.70 – 35.00 baht/$.

Investors and importers are advised to buy foreign currencies to hedge against risks, and exporters are recommended to sell foreign currencies above 35.00 Baht/USD. Today’s currency range is 34.70-35.00 USD/THB, 38.00-38.00 EUR/THB, 0.2350-0.2390 Japanese Yen/Thai Baht. , GBP/THB 44.00 – 44.50, AUD/THB 22.90 – 23.30

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