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Search Result for “baht”

Showing 61 - 70 of 10,000

BUSINESS

Baht shrugs off rate cut

Bloomberg News, Published on 08/08/2019

» The baht is defying the conventional wisdom that an interest-rate cut spurs weakness in a currency.

BUSINESS

Panel urges further baht measures

Business, Somruedi Banchongduang, Published on 05/09/2019

» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.

BUSINESS

Strong baht battering rice shipments

Business, Phusadee Arunmas, Published on 23/09/2019

» Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market.

BUSINESS

KBank: Baht can go higher

Business, Published on 26/09/2019

» The baht is likely to appreciate further as the local currency is less sensitive towards global risks, with limited room to manoeuvre Thailand's monetary policy seen as an attribute, says Kasikornbank (KBank).

BUSINESS

BoT measures slow baht speculation

Business, Somruedi Banchongduang, Published on 01/10/2019

» Baht speculation has been declining after the central bank's recent measures to manage local currency movement and a policy rate cut, says the Bank of Thailand.

LEARNING

Strong baht making retirement expensive

Gary Boyle, Published on 04/10/2019

» Brian Maxey moved to Thailand from the United Kingdom expecting his sterling pension to give him an easy retirement. Instead, he’s finding it harder because of the strong baht.

BUSINESS

BoT prepares to restrain baht

Business, Somruedi Banchongduang, Published on 11/10/2019

» The Bank of Thailand is set to step up efforts to rein in the baht in the next few months by easing capital flow regulations, managing gold trading flows and lowering the current account surplus, says its chief.

BUSINESS

Why the baht is surging

Published on 27/10/2019

» The Bank of Thailand is finding it tough to stop the baht from surging.

BUSINESS

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

BUSINESS

Correction possible as baht gains

Business, Published on 19/02/2019

» The baht has strengthened more than regional peers this year partly because of the country's strong foreign currency reserve position. A short-term correction seems to be in the making but the baht appreciation trend could resume down the road.