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Search Result for “exchange rate”

Showing 1 - 6 of 6

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BUSINESS

THAI angles for a return to global glory

Business, Janine Phakdeetham, Published on 07/09/2022

» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

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BUSINESS

Crypto glitches prompt industry rethink

Business, Janine Phakdeetham, Published on 31/08/2022

» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

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BUSINESS

Explainer: The lowdown on the Zipmex situation

Business, Janine Phakdeetham, Published on 27/07/2022

» Analysts have commented on the implications on investor confidence and markets following Thailand's major digital asset exchange platform Zipmex's announcement of a memorandum of understanding (MoU) with interested parties.

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BUSINESS

Baht in spotlight after hitting 7-year low

Business, Janine Phakdeetham, Published on 13/07/2022

» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.

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BUSINESS

Explainer: Should we be concerned about the baht?

Business, Janine Phakdeetham, Published on 11/05/2022

» Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.