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New baht banknotes scarce ahead of Chinese New Year
Business, Somruedi Banchongduang, Published on 27/01/2025
» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.
Older banknotes pushed for occasions
Business, Somruedi Banchongduang, Published on 25/06/2024
» The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions rather than demanding newly printed ones to allow for the longer time frame that banknotes are now in circulation.
Banks brace for holiday outlay
Business, Somruedi Banchongduang, Published on 25/01/2019
» Commercial banks' net cash withdrawal from the Bank of Thailand to prepare for the public's spending over Chinese New Year is estimated to increase to 62.5 billion baht from 46 billion a year earlier, says a senior official at the central bank.