Showing 1-10 of 95 results
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Exports seen contracting 10% y/y in Q1
Reuters, Published on 04/04/2023
» Thailand's exports are likely to show a contraction of 10% in the first quarter of this year from a year earlier, bigger than a previous forecast drop of 8%, the country's shippers' council said on Tuesday.
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Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
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Dollar firm after Fed comments; yen under close watch
Reuters, Published on 28/03/2024
» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.
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IMF sees Thai growth rate at 2.9% this year, 3.0% in 2020
Reuters, Published on 08/10/2019
» Thailand's economic growth rate could slow to 2.9% this year and be 3.0% in 2020, reflecting external and domestic headwinds, the International Monetary Fund said.
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Swedish central bank makes surprise rate cut
Business, Reuters, Published on 03/07/2015
» STOCKHOLM: Sweden's central bank cut its benchmark interest rate to -0.35% in a surprise move yesterday and expanded its asset purchase programme, battling the threat posed by a strengthening crown to consumer prices flirting with deflation.
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Weak baht 'more effective' than rate cuts
Reuters, Published on 18/07/2015
» A weaker baht will help the country's exports and provide more of a boost to the struggling economy than a rate cut, one of the country's deputy prime ministers said on Friday.
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Philippine central bank to curb peso speculators
Reuters, Published on 07/09/2018
» MANILA: The Philippine central bank will take all actions necessary to deal with speculative activity to prevent sharp swings in the foreign exchange market, its governor said on Friday, as the peso hit a more than 12-year low against the dollar.
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Bitcoin's 'halving': what is it and does it matter?
Reuters, Published on 19/04/2024
» LONDON - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of US$73,803.25 in March.
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Economy strong despite weak exports, baht supportive - Finance Minister
Reuters, Published on 16/06/2023
» Thailand's economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday.
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Soaring bitcoin set for sharpest monthly jump since 2020
Reuters, Published on 29/02/2024
» SINGAPORE - Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally.
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