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Search Result for “peso”

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BUSINESS

Analysts expect baht to test 32 as US dollar weakens further

Nareerat Wiriyapong, Published on 14/08/2025

» The baht could appreciate to test 32 to the US dollar or strengthen even further, as the greenback is set to weaken further amid mounting pressure on the Federal Reserve to cut the US interest rate at its September meeting, according to analysts.  

BUSINESS

Baht plunges after Pheu Thai politician made Bank of Thailand chairman

Business, Nareerat Wiriyapong, Published on 14/11/2024

» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.

BUSINESS

Asian equities jump on Fed hints

Business, Nareerat Wiriyapong, Published on 03/02/2023

» Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.