Showing 1-10 of 24 results
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BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
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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.
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BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.
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Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
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Thailand, China renew bilateral currency swap arrangement
Reuters, Published on 08/01/2021
» The central banks of Thailand and China have renewed a baht-yuan bilateral currency swap arrangement for five years to support trade and investment in the local currencies, the Bank of Thailand said on Friday.
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Japan, Malaysia seal $3 billion currency swap deal
Published on 18/09/2020
» TOKYO: Japan and Malaysia sealed on Friday a mutual currency swap arrangement to allow each side to provide the other up to US$3 billion to prevent a financial crisis, the Japanese Finance Ministry said.
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Fed Launches New Lending Facility for Foreign Central Banks
Business, Published on 02/04/2020
» The Federal Reserve said Tuesday it would launch a temporary lending facility that for the first time will allow foreign central banks to convert their holdings of Treasury securities into dollars, its latest bid to alleviate strains in global markets.
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Thailand, Japan sign local currency swap arrangement
Published on 31/03/2020
» The central banks of Thailand and Japan on Tuesday signed a bilateral local currency swap arrangement (BSA) to enhance the financial stability of the two countries, the Bank of Thailand said in a statement.
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EEC Office upbeat about megaproject bids
Business, Lamonphet Apisitniran, Published on 03/04/2019
» Although post-election sentiment among foreign investors remains unstable, the Eastern Economic Corridor (EEC) Office is confident it can finish all the auctions of five infrastructure projects by the end of April.
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Trade dominates Asean+3 concerns
Business, Erich Parpart, Published on 09/05/2018
» Manila: The Asean+3 (China, Japan and South Korea) countries want a commitment in terms of multilateral trade to maintain trading growth among member states.
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