- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessTrending Top 5
Market News Topics
February 22, 2022 02:34 GMT
Thailand Raises Covid Alert But Refrains From Curbs, Baht Dips On Risk-Off Feel
THB
Geopolitical angst fuelled by escalating Russo-Ukrainian crisis pushed spot USD/THB higher this morning, with Thailand's rising daily Covid-19 cases adding another source of concern.
- The rate last trades +0.222 at THB32.390, with bulls keeping an eye on Jan 20 low of THB32.822, a former breakout point. On the flip side, a retreat under Feb 18 low of THB32.088 would confirm that bears remain in the driving seat.
- Thailand's Public Health Ministry has raised nationwide Covid-19 Alert Level to 4 citing a sharp increase in Omicron infections, but the Covid-19 panel said there would be no return to blanket lockdowns.
- The Star reported that peace talks between the Thai government and rebels from southern parts of the country will resume in Malaysia on March 7.
- Reminder that Thailand's Customs Dept will publish January trade data tomorrow. In the meantime, PM Prayuth chairs a weekly Cabinet meeting today.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok