Showing 1 - 3 of 3
Fed expected to slash interest rates next week
Business, Nuntawun Polkuamdee, Published on 09/12/2024
» Analysts are expecting the US Federal Reserve to cut interest rates by 25 basis points (bps) at its Dec 18 meeting, prompting the Bank of Thailand to follow suit in 1-2 months.
Falling interest rates to benefit Thai banks
Nuntawun Polkuamdee, Published on 21/10/2024
» As global interest rates are clearly on a downward trend, with the Bank of Thailand expected to cut its policy rate again in December, banking stocks should benefit, according to analysts.
Gold price falls as Thai baht strengthens
Business, Nuntawun Polkuamdee, Published on 09/09/2024
» The domestic gold price has dipped by 2,000 baht per baht weight in just over a month as the Thai currency appreciated by more than 7% during the period, with the Gold Traders Association (GTA) noting prices may continue to decline if the value of the baht appreciates.