Showing 1 - 10 of 15
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.
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.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
BoT vows study of consumption habits
Business, Somruedi Banchongduang, Published on 10/04/2021
» The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government's measures in containing the infections as well as people's consumption behaviour.
BoT mulls unlocking offshore rules
Business, Somruedi Banchongduang, Published on 15/10/2020
» The Bank of Thailand is assessing a move to relax regulations related to offshore market investment for individual investors to help manage foreign exchange amid excess capital across the world.
BoT prepares debt package as second phase nears expiry
Business, Somruedi Banchongduang, Published on 15/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.
BoT prepares year-end borrower relief
Business, Somruedi Banchongduang, Published on 14/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.
Baht erodes further after Somkid's exit
Business, Somruedi Banchongduang, Published on 17/07/2020
» The baht continued to weaken on Thursday after the resignations of Deputy Prime Minister Somkid Jatusripitak and four other key officials, reflecting foreign investors' concerns about the continuity of the government's economic policies.
BoT sounds out forex dealers on gold quotation in US dollars
Business, Somruedi Banchongduang, Published on 05/06/2020
» The Bank of Thailand has sought the opinion of foreign exchange dealers on whether to shift gold price quotation to US dollars for exports, imports and related activities, and whether to scale back issuance or temporarily scrap sales of short-dated bonds in a bid to curb the baht's rapid gains.
BoT: Baht gain up for discussion
Business, Somruedi Banchongduang, Published on 04/06/2020
» The Bank of Thailand has summoned foreign exchange dealers to meet on Thursday to discuss the baht's rapid gain, which it does not consider to be in line with the country's fragile economy.