Showing 41 - 50 of 10,000
Minister pushes strategic currency management
Business, Wichit Chantanusornsiri, Published on 21/10/2024
» As Thailand is an export-led economy, effective currency management strategies are essential to bolster its export activities, says Finance Ministry Pichai Chunhavajira.
BoT allays concerns over currency manipulation
Business, Published on 24/07/2020
» The Bank of Thailand affirms that it has not manipulated the baht through foreign exchange intervention to gain a trade advantage.
BoT inks currency deal with Japan
Business, Published on 10/03/2018
» Japan's Finance Ministry and the Bank of Thailand have signed a memorandum of cooperation for the establishment of a framework to promote the use of local currencies.
Venezuela slashes five zeroes from currency
Reuters, Published on 21/08/2018
» VALENCIA, Venezuela: Socialist Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed policies that will push the chaotic country deeper into crisis.
Currency qualms chip away at SET
Business, Published on 12/09/2018
» Escalating Sino-US trade tensions and concerns over an emerging market currency contagion caused the Stock Exchange of Thailand (SET) index to tumble by almost 20 points on Tuesday.
Chinese currency steadies after turbulent trading
AFP, Published on 06/08/2019
» BEIJING: The Chinese currency steadied on Tuesday, a day after Beijing let the yuan weaken against the dollar, sending markets into freefall and leading the US to formally designate China a "currency manipulator".
Somkid moves to calm currency fears
Business, Wichit Chantanusornsiri, Published on 05/01/2018
» Deputy Prime Minister Somkid Jatusripitak is playing down warnings from some foreign research houses that Thailand risks being added to the US Treasury's watch list of potential currency manipulators, saying the government has no immediate plans to step in and curb the stronger baht.
BoT signs currency swap with China
Business, Published on 09/01/2018
» The Bank of Thailand has reached an agreement to extend bilateral currency swap worth 70 billion yuan (370 billion baht) with the People's Bank of China (PBC) for another three years.
Thailand avoids US ‘currency manipulator’ tag
Published on 14/01/2020
» SINGAPORE: Thailand was not included on the latest watch list of “currency manipulators” issued by the US Treasury.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.