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Search Result for “Fed”

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BUSINESS

Arkhom: Full economic recovery before any rate hikes

Reuters, Published on 23/02/2022

» Thailand cannot contemplate any interest hikes until its economy is fully recovered, and fiscal and monetary policy will continue to support businesses and an economic recovery, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

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BUSINESS

Thai stock investor mood at 6-month low on Fed tightening

Reuters, Published on 07/02/2022

» Investor confidence in Thailand's stock market over the next three months slipped to a six-month low on concerns about the US Federal Reserve's tightening plans and a sluggish domestic economy, a capital market group said on Monday.

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BUSINESS

Poll: BoT awaits tourism revival, to maintain rates

Reuters, Published on 07/02/2022

» BENGALURU, India: The Bank of Thailand (BoT) will wait for at least a year before raising interest rates from record lows to support the tourism-dependent economy hit hard by coronavirus-related travel restrictions, a Reuters poll found.

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BUSINESS

Baht gains on quarantine-free travel hopes

Reuters, Published on 18/01/2022

» Thailand's baht rose on Tuesday on hopes that the tourism-reliant country waives quarantine for vaccinated visitors again, while its emerging market peers gained on a US dollar unperturbed by a rise in Treasury yields.

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BUSINESS

Baht at 2-week low

Reuters, Published on 07/01/2022

» The Thai baht slipped for a second session on Friday to its lowest in two weeks, leading declines along with the Philippine peso as pressures from an increasingly hawkish United States Federal Reserve weighed on risk-sensitive Asian markets.

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WORLD

'Affordable' gold steak restaurant launched in Vietnam

Reuters, Published on 10/12/2021

» HANOI: A Vietnamese hotel is offering diners the chance to try gold leaf-coated steaks, seeking to tap a wave of publicity after a government minister was caught on camera being fed the dish at a London restaurant, where steaks can cost over £1,000 (44,000 baht).

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WORLD

Indonesia keeps rates at record low

Reuters, Published on 19/08/2021

» JAKARTA: Indonesia's central bank held its benchmark interest rate at a record low on Thursday as it tries to support the economy's recovery from the coronavirus pandemic without adding downward pressure on the rupiah currency.

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BUSINESS

Gold reels to 4-month low on fears of early Fed tapering

Reuters, Published on 09/08/2021

» Gold fell as much as 4.4% to a more than four-month low on Monday as robust US jobs data stoked concerns of a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding non-interest bearing bullion.

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BUSINESS

Baht falls to 9-month low, broader market rebounds

Reuters, Published on 22/06/2021

» The baht hit a near nine-month low on Tuesday, extending losses for a seventh straight session, as the US Federal Reserve's recent hawkish turn continued to weigh on the currency.

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BUSINESS

Thai, Asian markets sink as traders contemplate Fed tightening

Reuters, Published on 21/06/2021

» Thai and other Asian markets tumbled Monday on growing expectations the Federal Reserve will begin lifting interest rates as early as next year as it looks to prevent the economic recovery from overheating.