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Search Result for “currency”

Showing 1 - 10 of 11

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GENERAL

Trump tariffs won’t yet force rate cut, says Bank of Thailand

Bloomberg News, Published on 04/03/2025

» Thailand's central bank defended its monetary policy stance as "robust" enough to withstand volatility from United States President Donald Trump's latest tariffs on trading partners, signalling that it may refrain from further easing after last week’s surprise cut.

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GENERAL

Bank of Thailand holds key rate at 2.50%

Published on 21/08/2024

» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.

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BUSINESS

BoT eyes higher bank capital reserves

Business, Somruedi Banchongduang, Published on 25/03/2022

» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

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BUSINESS

Predee bombshell hits baht trading

Business, Published on 02/09/2020

» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.

BUSINESS

Asian shares drift lower in thin Pre-Holiday trade

Business, Published on 26/12/2016

» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.

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BUSINESS

Money mess

Asia focus, Narendra Kaushik, Published on 05/12/2016

» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.

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BUSINESS

Prasarn: Let market forces drive baht

Business, Pathom Sangwongwanich, Published on 17/08/2015

» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.

BUSINESS

Set rides wave of ECB euphoria to 5.3% Gain

Business, Published on 26/01/2015

» Recap: An aggressive stimulus move by the European Central Bank (ECB) stoked a global stock rally last week. The Thai market also tracked the euphoria.

BUSINESS

Baht gains, bonds rise

Bloomberg News, Published on 23/05/2014

» Thailand’s baht rose to within 0.2% of its level prior to Thursday’s coup and bonds gained on optimism a military takeover will bring stability after six months of political unrest.

ADVANCED NEWS

Inflation tsunami heading to Asia?

Jon Fernquest, Published on 25/05/2011

» As waves of capital inflow head towards Asia, governments act to prevent real estate and other prices from spiralling out of control.