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Search Result for “baht appreciation”

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GENERAL

New government considers ways to stabilise baht

Published on 18/09/2025

» The new government will work with the Bank of Thailand to manage the baht, now trading at its strongest level in four years, and will monitor capital inflows and gold trading for any irregularities, the incoming finance minister said on Thursday.

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OPINION

The baht is almost as good as gold

Oped, Chartchai Parasuk, Published on 18/09/2025

» The baht is undoubtedly the strongest currency in the region. Over this year, the baht has appreciated 4.45% against the dollar while the Vietnamese dong has depreciated 8.47%.

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GENERAL

Thai industrial sentiment hits 3-year low

Reuters, Published on 17/09/2025

» Thailand's industrial sentiment index fell to its lowest level in three years in August on worries about domestic political uncertainty, a strong baht currency and tariffs imposed by the United States, the Federation of Thai Industries (FTI) reported on Wednesday. 

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GENERAL

Gold traders oppose tax on transactions

Business, Nareerat Wiriyapong, Published on 17/09/2025

» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.

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GENERAL

Gold and baht causing headaches for central bank

Somruedi Banchongduang, Published on 16/09/2025

» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.

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GENERAL

Reopening of border crossings still uncertain

Business, Lamonphet Apisitniran, Published on 16/09/2025

» Thailand will not reopen some border crossings until its territorial conflicts with Cambodia are solved through both diplomatic and military approaches, said Prime Minister Anutin Charnvirakul.

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THAILAND

PM orders gold exports probe

News, Published on 16/09/2025

» Prime Minister Anutin Charnvirakul has instructed authorities to investigate the abnormal increase in gold exports to Cambodia, amid concerns that the surge may be contributing to the rapid appreciation of the Thai baht in recent weeks.

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GENERAL

Reopening of Thai-Cambodian border crossings still uncertain

Published on 15/09/2025

» Thailand will not reopen some border crossings until its territorial conflicts with Cambodia are solved through both diplomatic and military approaches, said Prime Minister Anutin Charnvirakul.

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LIFE

Reach for the Mooncakes at InterContinental Bangkok

Guru, Published on 15/09/2025

» Celebrate the Mid-Autumn Festival with grace and tradition as the chefs at Summer Palace, InterContinental Bangkok, present a refined selection of handcrafted mooncakes, available at Summer Palace and Butter.

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GENERAL

Surging Thai gold exports to Cambodia spark probe demand

Published on 15/09/2025

» An unusual surge in Thai gold exports to neighboring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens to undermine the nation’s exports and tourism.