Showing 1 - 2 of 2
BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
Political uncertainty hurts GDP view
Business, Pathom Sangwongwanich, Published on 25/04/2019
» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.