Showing 1 - 10 of 76
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
A heady 12 months
Business, Post Reporters, Published on 25/12/2019
» The clock is ticking down to the year-end, and the Bangkok Post's Business section has selected the top events of 2019.
Central bank seen holding key rate at record low
Reuters, Published on 16/12/2019
» The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again.
Baht likely to weaken, says BoT deputy governor
Reuters, Published on 04/12/2019
» The baht is likely to weaken on more foreign selling, a lower current account surplus and reduced dollar-related gold trading flows, a deputy governor of the Bank of Thailand (BoT) said on Wednesday.
BoT shies away from rate cut
Bloomberg News, Published on 17/07/2019
» The Bank of Thailand reiterated its concern about the baht’s persistent strength on Wednesday, but said cutting the key interest rate may have only a limited impact in dealing with currency’s ascent and instead flagged a preference for using a range of tools.
Somkid: 4% growth 'achievable' via exports
Business, Published on 22/11/2018
» Economic growth of 4% is achievable if exports, the lifeblood of producers, expands more than 7% from November to December, says Deputy Prime Minister Somkid Jatusripitak.
Private sector urges BoT to act on baht
Business, Lamonphet Apisitniran, Published on 11/01/2018
» The private sector has asked the government and the Bank of Thailand to hold a meeting on finding ways to curb the baht's rapid gains, which is putting the baht among the top-performing currencies in Asia.
FPO asks BoT to drop interest rate
Business, Wichit Chantanusornsiri, Published on 25/09/2017
» The Finance Ministry has urged the Bank of Thailand to slash the policy rate by 50 basis points to help stimulate the economy and curb speculative inflows.