#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.
Baht moving in narrow range but expected to gain from movement of gold price
NationalDec 28. 2020
By THE NATION
The baht opened at 30.07 to the US dollar on Monday, strengthening from 30.09 at close on Friday.
The Thai currency is likely to move between 29.90 and 30.10 on Monday and between 29.80 to 30.20 this week, said Jitipol Puksamatanan, senior director of the chief investment office at SCB Securities.
He explained that the baht presently was moving in a narrow range, and the only factor pressuring the currency was the new wave of Covid-19 in Thailand.
He advised investors to monitor the direction of gold price, which has started to recover and could support Asian currencies including the baht. Besides, the political situation in the US, as well as the Brexit issue between the UK and EU, were worth monitoring this week.
He expected Thailand to end 2020 with foreign exchange reserves of $260 billion, or around 50 per cent of the gross domestic product.
The dollar index this week would tend to move between 89.5 to 90.5 points, from the present 90.2 points, he said.
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