Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>Tightness in US money and capital markets—driven by rising term premiums and accelerated short-term debt issuance—has triggered a risk-off sentiment and a flight to quality, supporting the baht’s continued appreciation trend.</li><li>The USD/THB exchange rate has strengthened to 3.09, its highest level in eight months, reflecting real baht appreciation and reinforcing its appeal to foreign investors seeking both capital and exchange-rate gains.</li><li>The situation has pressured the government to increase the frequency of long-term Treasury buybacks to better manage market risk.</li></ul>

Tightness in US money and capital markets—driven by rising term premiums and accelerated short-term debt issuance—has triggered a risk-off sentiment and a flight to quality, supporting the baht’s continued appreciation trend.The USD/THB exchange rate has strengthened to 3.09, its highest level in eight months, reflecting real baht appreciation and reinforcing its appeal to foreign investors seeking both capital and exchange-rate gains.The situation has pressured the government to increase the frequency of long-term Treasury buybacks to better manage market risk.

KTX Ahead: US Short-Term Debt Ratio Set To Surge