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Free AccessThailand To Start Distributing Sinovac Covid-19 Jab This Month
Spot USD/THB gapped lower at the re-open, extending its recent losses, and last operates at THB29.967. A move through Feb 1 low of THB29.888 would allow bears to take aim at Jan 4 & 5 lows of THB29.840. Conversely, a break above the 50-DMA at THB30.055 would open up Jan 18/Feb 5 highs of THB30.125/30.132.
- Gov't spokesman said that China informed PM Prayuth that it is ready to begin exports of Sinovac Covid-19 vaccines to Thailand. Dep PM Anutin said that the Thai drug regulator is expected to approve the jabs when the first shipment of 200,000 doses arrives later this month. Elsewhere, the Ministry of Public Health pledged to inoculate 30mn citizens this year.
- PM Prayuth chairs the weekly cabinet meeting today, while the Centre for Covid-19 Situation Administration holds a briefing on the coronavirus situation.
- There is nothing left on the local docket this week, save for the usual update on foreign reserves, due Friday.
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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.