Showing 71 - 80 of 10,000
Strong baht may crimp bookings
Business, Molpasorn Shoowong, Published on 22/01/2026
» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.
Wide range seen for baht
Business, Published on 30/10/2021
» We maintain our forecast for the Thai baht to average 32.00 to the US dollar in 2021, in line with a year-to-date average of 31.69 and a spot price of 33.21 at the time of publication.
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.
Weak baht helps some sectors
Business, Published on 17/06/2022
» The weaker baht is expected to boost the Thai economy and increase real GDP by 0.4%, but not all manufacturers will reap the benefits, says the Industry Ministry.
Ministry upbeat on baht rebound
Business, Wichit Chantanusornsiri, Published on 09/07/2022
» The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.
Millcon banking on weaker baht
Business, Lamonphet Apisitniran, Published on 16/07/2022
» SET-listed Millcon Steel, a Thai steel manufacturer, is taking advantage of the weaker baht by planning to increase steel exports by 30% this year, especially to Australia and islands in the Pacific.
Weak baht takes centre stage
News, Wichit Chantanusornsiri and Mongkol Bangprapa, Published on 22/09/2022
» The Finance Ministry will hold talks with the Bank of Thailand to discuss and delve into the factors behind the weakening baht, said Finance Minister Arkhom Termpittayapaisith.
Prawit walks back baht comments
Bloomberg News and Reuters, Published on 22/09/2022
» Acting prime minister Prawit Wongsuwon, who earlier this week called for measures to halt the baht’s slide, said on Thursday the government won’t meddle with the central bank and how it handles the currency.
Baht freefall could hit 38
Business, Somruedi Banchongduang, Published on 24/09/2022
» Economists forecast the value of the baht could plunge to 38 to the US dollar this year, mainly attributed to a stronger dollar as the Federal Reserve pursues a hawkish monetary policy.
Baht boosted by foreign investors
Business, Wichit Chantanusornsiri, Published on 12/01/2023
» The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.