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Search Result for “exchange rate”

Showing 31 - 40 of 2,263

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INVESTMENT

Bitcoin ETF discounts reach records after late-day selloff

Bloomberg News, Published on 02/05/2024

» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.

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GENERAL

BoT: Baht to reverse course in H2

Business, Somruedi Banchongduang, Published on 01/05/2024

» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.

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OPINION

How elections bring about a cycle of devaluation

Oped, Jeffrey Frankel, Published on 01/05/2024

» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.

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GENERAL

Finance Ministry downgrades Thai growth forecast

Wichit Chantanusornsiri, Published on 29/04/2024

» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.

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INVESTMENT

Many firms keen on SET listing

Suchit Leesa-nguansuk, Published on 29/04/2024

» Many local technology and IT-related firms are gearing up to launch initial public offerings (IPOs) on the Stock Exchange of Thailand (SET) in 2025 or 2026, emphasising strategies for business expansion and cost reduction.

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GENERAL

Calculating the cost of war

Business, Published on 29/04/2024

» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.

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THAILAND

Ex-energy executive Pichai named finance minister amid growth challenge

Published on 28/04/2024

» Former energy executive Pichai Chunhavajira was named finance minister on Sunday, facing a tough task to revive the Thai economy.

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GENERAL

Asian shares get lift from US tech results

Business, Published on 27/04/2024

» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.

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GENERAL

SET chairman’s exit could pave way for cabinet post

Published on 25/04/2024

» Stock Exchange of Thailand chairman Pichai Chunhavajira has resigned in a move that is seen as paving the way for his appointment as finance minister in a cabinet reshuffle.

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GENERAL

Indonesia hikes rate to arrest rupiah slide

Published on 24/04/2024

» The Indonesian central bank on Wednesday raised its benchmark interest rate to a record high, in what is seen as a one-and-done move to support the rupiah that has hit pandemic-era lows.