Showing 1-5 of 5 results
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ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
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Debt 'gorilla' holding back economic growth
Asia focus, Pathom Sangwongwanich, Published on 07/08/2017
» Besides lower productivity output and greying demographics, alarming debt levels in the public and private sectors worldwide are undermining buoyant economic growth prospects, says a senior executive of Allianz Global Investors.
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Central bank will weaken baht
Business, Pathom Sangwongwanich, Published on 29/08/2015
» With the Bank of Thailand’s policy space approaching its limit, plans are being formulated to weaken the baht’s value by relaxing curbs on capital outflows to promote international investment.
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Baht sinks to lowest level since 2009
Business, Pathom Sangwongwanich, Published on 08/09/2015
» The baht yesterday slipped beyond the 36-mark against the US dollar to hit a six-and-a-half-year low, tracking retreats of other regional currencies as investors bet the US Federal Reserve will lift its near-zero interest rates this month.
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Fed sparks weaker baht
Business, Pathom Sangwongwanich, Published on 21/03/2014
» The recent weakening of the baht is in line with regional currencies’ depreciating trend following the US Federal Reserve’s efforts to taper its monetary stimulus programme, says a senior Bank of Thailand official.
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