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Search Result for “appreciate”

Showing 1 - 6 of 6

BUSINESS

BAY foresees baht hike

Business, Darana Chudasri, Published on 02/12/2020

» The baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account surplus and the US's ultra-loose monetary policy, says Bank of Ayudhya (BAY).

BUSINESS

Citi sees 3.3% GDP growth this year as engines slow

Business, Darana Chudasri, Published on 12/07/2019

» Thai GDP is forecast to expand by 3.3% this year as growth momentum is weighed by an economic slowdown and tepid private investment seen in the first quarter, says Citi Thailand.

BUSINESS

Citi sees firm baht through year-end

Darana Chudasri, Published on 11/07/2019

» The baht’s value is likely to remain firm until the beginning of 2020 amid a weaker dollar and expectations of US monetary stimulus, says Citi Thailand.

BUSINESS

KBank says 31.50 ceiling possible for baht in Q1

Business, Darana Chudasri, Published on 17/01/2019

» The baht's value could appreciate to 31.50 against the US dollar this quarter because prevailing global financial volatility is poised to compel investors to seek refuge in new safe-haven destinations, says Kasikornbank (KBank).

BUSINESS

Thai bonds top US equivalent

Business, Darana Chudasri, Published on 04/07/2018

» Although the yield curve for Thai government bonds is lower than their US counterparts, they have a higher investment return because Thailand's real interest rate is higher than the two-year and 10-year US Treasury yields, says the Thai Bond Market Association (TBMA).

BUSINESS

KTAM heralds global equity prospects

Business, Darana Chudasri, Published on 20/03/2018

» The global equity markets are starting to look attractive again after a small retrenchment, with the asset class buoyed by the continuous global economic recovery, says Krungthai Asset Management (KTAM).