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Search Result for “devaluation”

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BUSINESS

Minister presses BoT on policy rate move

Business, Wichit Chantanusornsiri, Published on 09/11/2024

» In light of the Federal Reserve's recent interest rate cut, the Bank of Thailand's Monetary Policy Committee (MPC) must decide whether to adjust its policy rate accordingly, says Finance Minister Pichai Chunhavajira.

BUSINESS

Developing a strategy resilient to risk

Business, Wichit Chantanusornsiri, Published on 15/06/2024

» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.

BUSINESS

Scrutinising the need for overseas bonds

Business, Wichit Chantanusornsiri, Published on 29/02/2024

» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.