วันจันทร์ที่ 9 พฤศจิกายน พ.ศ. 2563

Prayut congratulates Biden on winning US presidential election

  


Prime Minister General Prayut Chan-o-cha has sent a message congratulating former vice president Joe Biden on his election as the 46th president of the United States.

The PM said he was ready to work closely to further enhance Thai-US relations.

In his message, Prayut said:

“I wish to extend to you and Senator Kamala Harris my warm congratulations on your election victory and the trust that you have earned from American voters.

"With the long-standing ties of friendship between our countries dating back more than 200 years, Thailand as the first treaty partner of the United States in Asia takes pride in our strategic partnership which contributes to our mutual benefit and the region's peace, stability and prosperity.

"On behalf of the government and the people of the Kingdom of Thailand, I wish you every success and look forward to working closely with you and your administration to further enhance our cooperation at all levels."

https://www.nationthailand.com/news/30397600

Baht expected to strengthen against dollar in line with Asian currencies

The baht opened at 30.62 to the US dollar on Monday, weakening from 30.56 at close on Friday.

The Thai currency is likely to move between 30.55 and 30.70 on Monday and between 30.25 and 30.75 this week, said Jitipol Puksamatanan, senior director of the chief investment office at SCB Securities.

At the same time, the baht has strengthened in line with other Asian currencies, due to support from foreign investment in bonds after the US election. Jitipol advised investors to monitor the capital and financial markets.

On Wednesday, the Reserve Bank of New Zealand will hold its monetary policy committee meeting. The market predicted that New Zealand would freeze the interest rate at 0.25 per cent or cut the rate by 0.10 percentage point.

Also, the US will announce its initial jobless claims this week on Thursday.

The senior director said that the US economy has continually recovered but the dollar has not. Jitipol added that the yen and euro this week were worth monitoring.

The dollar index this week would tend to move between 92 and 93 points, from the present 92.2 points.

https://www.nationthailand.com/news/30397597

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