The baht depreciated the most in two months.

Bangkok, Aug. 3 - The baht closed at 34.66 baht per dollar. Depreciated compared to yesterday's closing level at 34.27 baht per dollar. After the establishment of the government was delayed - the dollar appreciated. Intraday touched the weakest level in more than 2 weeks.

Kasikorn Research Center Co., Ltd. reported that the baht It hit the lowest level in more than two weeks at 34.69 baht per dollar during the day, with the baht depreciating in line with most Asian currencies. and net selling positions of Thai stocks and bonds by foreign investors. while the dollar Continue to appreciate in line with US bond yields

for the direction of the foreign fund flow today Foreign investors net sold Thai shares at 2,930.81 million baht and net outflows from the bond market were 12,106 million baht.

As for the movement of the baht tomorrow, it is expected to be at 34.40-34.80 baht per dollar. The important factor that must be monitored will be on political issues. direction of foreign capital and figures for non-farm payrolls and the US unemployment rate in July

money manager Bangkok Bank stated that the factor in the country that put pressure on the baht was the uncertain political situation, however, part of the market made profits waiting for numbers from the US and Europe, together with the baht today depreciating since the morning. due to receiving the news last night The US private sector employment numbers came out much better than the market expected. As a result, the dollar appreciated.-Thai News Agency

Source: Thai News Agency