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Search Result for “exchange”

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BUSINESS

Bangkok Bank takes over StanChart’s Permata for $2.7bn

Published on 12/12/2019

» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.

BUSINESS

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.

BUSINESS

Baht retreats from 16-month high

Bloomberg News, Published on 14/01/2013

» Thailand's baht retreated from a 16-month high amid concern the central bank will intervene to slow gains that hurt exports. Government bonds advanced.

BUSINESS

Baht weakens, importers buy dollars

Published on 30/07/2012

» Thailand's baht retreated from a three-week high on speculation importers are stepping up dollar purchases to take advantage of a favorable exchange rate. Government bonds advanced.

BUSINESS

Baht retreats from 1-week high

Published on 18/07/2012

» Thailand's baht fell from a one-week high on speculation importers are stepping up purchases of the dollar at a more favourable exchange rate following three days of losses. Bonds were little changed.