News: The Thai baht is the most appreciated in 7 years and 7 months, registering a record from 2013.



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Journalists reported that the baht this morning (December 18, 2020) was 29.78 baht per US dollar. Make the record of the highest appreciation during the last 7 years and 7 months of money managers of the Bank of Ayudhya It revealed that the appreciation of the baht registered a record in May 2013 after selling the US dollar. And investors are concerned about reducing the baht value of the Bank of Thailand The direction of the baht is expected to continue to appreciate. In what direction should foreign capital be monitored? Selling Gold for Profit Afterward, the world market price of gold rose more than $ 30 an ounce. Resulting in increased selling pressure on the dollar.This will be a factor to support a further appreciation of the baht, however, during the day the baht is expected to move in the range of 29.70-29.90 baht per US dollar. .

The appreciation of the baht would have an impact on Thai exports Recently, Deputy Prime Minister Jurin Laksanawisit. And Minister of Commerce There is a strategy adjustment to expand the market more deeply by city. Ready to move forward to strengthen government relations By signing a cooperation on trade and investment It is a small free trade zone or Mini FTA Thailand – Telangana State, India. What is Thailand’s main trading partner in the coming month? Because India has over 1,300,000,000 people, it is the fifth largest GDP in the world and Thailand’s number one trading partner in South Asia. Focusing on the wood building products group according to the policy of the government of India that wants all citizens to have a home. Including Thai food and fruit groups, which are popular with Indians.



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