Showing 1 - 9 of 9
Thailand pushes yuan, ringgit use to curb baht volatility
Bloomberg News, Published on 08/08/2023
» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.
Baht rallies on inflows, current account
Bloomberg News, Published on 02/02/2015
» The baht climbed the most in two weeks after foreign funds pumped money into local stocks and the nation posted a record current-account surplus.
Prasarn sees policy space to cut rate
Bloomberg News, Published on 20/02/2014
» SYDNEY — Thailand has scope to cut interest rates even as policy makers debate the effectiveness of lower borrowing costs on growth hurt by political unrest, central bank governor Prasarn Trairatvorakul said.
Baht gains most in a month
Bloomberg News, Published on 08/05/2013
» Thailand's baht rose the most in a month amid easing concern policy makers will curb capital inflows that drove the currency to a 16-year high last month.
Baht approaches a two-week low
Bloomberg News, Published on 04/04/2013
» Thailand’s baht dropped toward a two-week low on concern the central bank will seek to curb appreciation that threatens exports. Bonds advanced.
BoT seeks extra yuan bond quota
Bloomberg News, Published on 07/03/2013
» Thailand's central bank aims to increase holdings of Chinese bonds and add overseas corporate debt to its US$179 billion of foreign-exchange reserves as it seeks to boost returns.
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 high on fund inflows
Bloomberg News, Published on 23/01/2013
» Thailand's baht traded near a 17-month high as overseas investors increased holdings of the country's assets, spurred by an improving outlook for Southeast Asia’s second-largest economy. Government bonds were steady.
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.