Showing 1 - 10 of 15
Stock market: Sudden fall & weak baht (update)
Jon Fernquest, Published on 12/06/2013
» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.
Capital controls: Govt & central bank working together
Jon Fernquest, Published on 29/05/2013
» Short-term investment money flowing into Thai stock & bond markets from US, EU & Japan QE monetary policy causing strong baht, hurting export sector.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
SET index dives 50.55 points
Published on 22/03/2013
» Thai stocks plunged 3.3% on Friday, their biggest one-day decline since October 2011, on investor concern that regulators may increase margin requirements for trading to curb speculation.
Government control over central bank?
Jon Fernquest, Published on 20/02/2013
» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?
Growth quickens on local demand
Bloomberg News, Published on 18/02/2013
» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.
Baht near 17-month high
Bloomberg News, Published on 21/01/2013
» Thailand's baht traded near a 17- month high as speculation mounts that the central bank will intervene to halt appreciation that hurts exports.
Baht set for best weekly rally in year
Bloomberg News, Published on 18/01/2013
» Thailand's baht was poised for its biggest weekly advance since December 2011, and government bonds rose, as global funds increased holdings of assets that offer higher yields.
Virabongsa as central bank chairman: Conflict ahead?
Jon Fernquest, Published on 15/05/2012
» Appointment of economist pushing for big changes (monetary policy, foreign reserves, sovereign wealth fund) may lead to conflicts.
End of central bank independence?
Jon Fernquest, Published on 30/03/2012
» Everyone wants a weak baht for cheap competitive exports, but there is a limit to what can be done point out central bank bank head & economists.