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BUSINESS

Prasarn: Let market forces drive baht

Business, Pathom Sangwongwanich, Published on 17/08/2015

» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.

BUSINESS

Greek drama and Chinese rout push shares down

Business, Published on 06/07/2015

» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.

ADVANCED NEWS

Stock market: Sudden fall & weak baht (update)

Jon Fernquest, Published on 12/06/2013

» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.

ADVANCED NEWS

Rising baht: Dollar borrowing by Thai banks

Jon Fernquest, Published on 20/05/2013

» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.

ADVANCED NEWS

Govt & Bank of Thailand Conflict: Two sides to story

Jon Fernquest, Published on 08/05/2013

» Most monetary policy experts at BOT don't believe interest rate cut will solve rising baht problem so charges of "gross incompetence" unfounded.

BUSINESS

Baht, bonds set for weekly advance

Bloomberg News, Published on 15/03/2013

» Thailand’s baht was poised for its fourth weekly advance and government bonds rose as global funds boosted holdings of local debt after Fitch Ratings raised its assessment of the Southeast Asian nation.

ADVANCED NEWS

Government control over central bank?

Jon Fernquest, Published on 20/02/2013

» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?

BUSINESS

Growth quickens on local demand

Bloomberg News, Published on 18/02/2013

» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.

BUSINESS

Baht near 17-month high

Bloomberg News, Published on 21/01/2013

» Thailand's baht traded near a 17- month high as speculation mounts that the central bank will intervene to halt appreciation that hurts exports.

THAILAND

Baht set for best weekly rally in year

Bloomberg News, Published on 18/01/2013

» Thailand's baht was poised for its biggest weekly advance since December 2011, and government bonds rose, as global funds increased holdings of assets that offer higher yields.