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PM Prayuth Inaugurates Inoculations With Astra Covid Shot

THB

Spot USD/THB has edged lower and last sits at THB30.725, little changed on the day after erasing its opening gains. The rate has stuck to yesterday's range so far.

  • A source from Thailand's Finance Ministry told the Bangkok Post that the gov't "looks set to open a new round of state welfare card registration, expecting the number of eligible recipients will outnumber the previous round due to rising numbers of jobless workers."
  • PM Prayuth chairs the weekly cabinet meeting today. Elsewhere, PM Prayuth has just received the first dose of the AstraZeneca Covid-19 vaccine in a launch of the vaccine rollout, after a local panel of experts said that the shot is safe.
  • Bears look for losses past Mar 12 low of THB30.513, towards the 100-DMA at THB30.303, while bulls keep an eye on Mar 12 high/200-DMA at THB30.788/30.823, followed by Mar 9 high of THB30.945.
  • Focus moves to the weekly update on foreign reserves from the BoT, due Friday.

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