Showing 1 - 10 of 12
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.
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.
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.
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.
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?
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.
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.
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.
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Jon Fernquest, Published on 28/12/2011
» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.