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Search Result for “exchange rates”

Showing 1 - 10 of 22

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BUSINESS

Baht appreciates to 30-month high

Business, Pawee Sirimai, Published on 17/11/2017

» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.

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BUSINESS

BoT: Commercial banks' bad loans to peak in Q4

Business, Pawee Sirimai, Published on 11/11/2017

» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.

BUSINESS

MPC keeps policy rate unchanged at 1.5%

Business, Pawee Sirimai, Published on 09/11/2017

» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.

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BUSINESS

Demand for B/E cools after defaults

Business, Pawee Sirimai, Published on 18/10/2017

» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).

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BUSINESS

BoT unveils SME forex option contract

Business, Pawee Sirimai, Published on 18/08/2017

» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.

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BUSINESS

Escaping the debt trap

Business, Pawee Sirimai, Published on 24/07/2017

» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.

BUSINESS

KTB warns over potential debt default rise

Business, Pawee Sirimai, Published on 20/07/2017

» Defaults of debt instruments are expected to keep rising as the fixed-income market enters the early stages of tightening from rising interest rates amid tepid appetite for such notes, says the head of KTB Securities Thailand (KTBST).

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BUSINESS

MPC warns economy on shaky ground

Business, Pawee Sirimai, Published on 08/06/2017

» Thailand's potential growth is likely to falter due to structural factors, some members of the Monetary Policy Committee (MPC) warned in edited minutes of the policy rate setter's meeting held last month.

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THAILAND

Bank of Thailand chief: No trace of a bubble

Business, Pawee Sirimai, Published on 02/06/2017

» There are no signs of dramatic growth in borrowing for property speculation activities, while banks have been better at managing risks associated with project financing, says Bank of Thailand governor Veerathai Santiprabhob.

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BUSINESS

BoT losses taper off

Business, Pawee Sirimai, Published on 27/05/2017

» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.