FILTER RESULTS
FILTER RESULTS
close.svg
Search Result for “currency war”

Showing 1 - 10 of 137

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

What's really driving Bitcoin now?

Business, Nareerat Wiriyapong, Published on 07/03/2026

» Bitcoin, known as a high-risk asset, plummeted 2.64% to US$62,858 during Asian trading hours after US President Donald Trump announced plans to raise global tariffs to 15%, a move that unsettled investors and weighed on equities and other higher-risk assets.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

BUSINESS

Gold price tops $5,100 amid global chaos

Business, Nareerat Wiriyapong, Published on 27/01/2026

» Gold traders warn of a possible price correction after bullion surpassed US$5,100 an ounce for the first time on Monday amid rising geopolitical uncertainty and a weakening dollar, pressuring the baht to appreciate beyond 31 baht to the greenback.

BUSINESS

Gold trading controls seen having limited impact on baht

Business, Nareerat Wiriyapong, Published on 20/01/2026

» Granting the Bank of Thailand powers to control online gold trading transactions will have a limited impact on curbing the baht's excessive strength, gold and currency experts say, as bullion has soared to a new all-time high of nearly US$4,700 an ounce and the Thai unit is expected to strengthen further.

BUSINESS

Exploring a potential baht-gold price link

Business, Nareerat Wiriyapong, Published on 17/01/2026

» As global gold prices skyrocket, debates are ongoing in Thailand about the significant impact of gold trading flows on the volatility and appreciation of the baht.

BUSINESS

US invasion adds support to strong local currency

Business, Nareerat Wiriyapong, Published on 06/01/2026

» The baht is expected to trade in a range of 31.00-31.85 to the US dollar this week, supported by a rally in global gold prices driven largely by the US invasion in Venezuela.

BUSINESS

Analysts predict baht to hit 30 to the dollar

Business, Nareerat Wiriyapong, Published on 24/12/2025

» The baht could potentially appreciate to test 30 to the dollar in the near term amid a sharp rise in international gold prices to a new record high and broad weakness for the US dollar, say analysts.

BUSINESS

Bank of Thailand aims to halt rapid baht uptick

Business, Nareerat Wiriyapong, Published on 05/12/2025

» The Bank of Thailand’s proposed tax reforms, tightening of gold oversight, and an anticipated interest rate cut could ease upward pressure on the baht, which has appreciated nearly 7% year-to-date to trade at stronger than 32 baht to the US dollar, according to pundits.

BUSINESS

Gold price set to climb further after hitting new all-time high

Nareerat Wiriyapong, Published on 29/09/2025

» The domestic gold price is expected to hit 60,000 baht per baht-weight early next year as bullion surpassed US$3,800 an ounce to set a fresh record high on Monday, while the baht slid to a two-week low of below 32.20 baht to the dollar, says the Gold Traders Association (GTA).