Showing 1 - 8 of 8
Nareerat Wiriyapong, Published on 01/08/2024
» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.
Business, Nareerat Wiriyapong, Published on 26/04/2024
» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.
Business, Nareerat Wiriyapong, Published on 04/04/2024
» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Business, Nareerat Wiriyapong, Published on 04/11/2023
» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.
Business, Nareerat Wiriyapong, Published on 05/10/2023
» The baht has depreciated this year and ranks as one of the worst-performing regional currencies of 2023.
Nareerat Wiriyapong, Published on 20/09/2023
» The baht fell to a 10-month low beyond 36 to the US dollar, while the Stock Exchange of Thailand slipped closer to 1,500 points on Wednesday on continued fund outflows as investor concerns grew about expected massive bond issuance to fund government stimulus policies, according to analysts.