Showing 1 - 3 of 3
Policy rate cut equals currency depreciation? Not always
Business, TMB Analytics, Published on 06/10/2017
» How does a country's policy interest rate influence the currency exchange rate? Theoretically speaking, when a country's rate of return falls, investors will move their capital to other countries with higher rates of return, causing the local currency to depreciate. But it is possible that a policy rate reduction will lead to a stronger local currency instead. This depends on investors' expectations of future policy rates.
What's behind the strong baht: myth vs fact
Business, TMB Analytics, Published on 01/09/2017
» The number 8 is typically viewed as lucky in Chinese culture. Right now, however, 8 is a hideous number for many Thai exporters, since that is how much the baht has appreciated in percentage terms since the Year of the Rooster began.
Using macro-prudential policy to manage household debt
Business, TMB Analytics, Published on 03/03/2017
» Household debt is one of the most critical issues facing policymakers in Thailand. At 81% of GDP in 2016 -- an increase of 20% from five years earlier -- indebtedness plagues many Thai families.