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16 Jul 2021

Financial Markets

The Baht hit a 15-month low, while the SET rose despite pressure from COVID-19


The SET surged earlier in the week, supported by the government’s stimulus measures to help those affected by COVID-19 and purchases of banking and financial stocks before 2Q21 bank earnings results. The SET then moved within a tight range during the rest of the week despite being supported by the Fed’s signal to maintain its accommodative monetary measure. Overall, the prolonged and intensifying COVID-19 situation at home still dragged the Thai stock market.​

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Financial Markets