Showing 11 - 20 of 23
Baht rises as Brexit whets Asian market risk appetite
Business, Pathom Sangwongwanich, Published on 16/07/2016
» The baht appreciated to just shy of 35 to the US dollar on Friday as investors' risk appetite for emerging markets in Asia remained strong after Britain's vote to leave the EU.
Baht-ringgit settlement due to start in coming quarter
Business, Pathom Sangwongwanich, Published on 23/12/2015
» Direct local currency settlement between the baht and the Malaysian ringgit will come into effect in next year's first quarter as the selection process for designated commercial banks progresses, says a Bank of Thailand senior official.
Strategist predicts active central bank
Business, Pathom Sangwongwanich, Published on 18/11/2015
» Bank of Thailand officials are expected to remain strongly involved in warding off baht volatility and maintaining stability amid the ongoing currency war, says one market strategist.
Baht nosedives as investors bet on Fed rate increase
Business, Pathom Sangwongwanich, Published on 10/11/2015
» The baht weakened yesterday to just shy of 36 to the US dollar as the latter gained, with investors raising their bets on monetary tightening in the world's largest economy next month following strong US jobs figures.
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.
Baht-ringgit liberalisation takes shape
Business, Pathom Sangwongwanich, Published on 28/08/2015
» The Bank of Thailand yesterday signed a memorandum of understanding (MoU) with Bank Negara Malaysia on settlement cooperation and investment, a move aimed at reducing risk from foreign exchange volatility.
Huge benefit seen in baht-ringgit link
News, Pathom Sangwongwanich, Published on 19/07/2015
» The Bank of Thailand is negotiating with Malaysia's central banking authorities to agree to direct exchange of the baht and the ringgit as a boost to trade and investment when the Asean Economic Community gets under way.
Currency war can be avoided, says HSBC
Business, Pathom Sangwongwanich, Published on 18/03/2015
» Thailand could mitigate risk against a possible currency war in Asia by using its fiscal policy on infrastructure spending to shore up imports, thus narrowing the country's trade balance and reducing capital inflows, says an HSBC executive.
SET, gold currency plan hits obstacle
Business, Pathom Sangwongwanich, Published on 09/01/2015
» Hopes of the Stock Exchange of Thailand and gold dealers of seeing equities and gold settlements on the physical exchange in major currencies, particularly US dollars, are dimming as the Bank of Thailand says it needs time to consider the issue.
Add trades to drive growth, summit told
Business, Pathom Sangwongwanich, Published on 04/12/2014
» Thailand needs to attract more trading activities to boost the country's economic growth potential, says Deputy Prime Minister MR Pridiyathorn Devakula, adding the country could be a crossroads reaping the benefits from regional emerging economies.