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Search Result for “exchange rates”

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BUSINESS

Exchange rates tipped for shaky 2021

Business, Pathom Sangwongwanich, Published on 08/01/2021

» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.

BUSINESS

Recovery unlikely until 2022

Business, Pathom Sangwongwanich, Published on 08/12/2020

» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).

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BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

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BUSINESS

Opportunity in volatility

Asia focus, Pathom Sangwongwanich, Published on 06/03/2017

» Greater financial market volatility presents an opportunity for banking operations as businesses seek to counter added risks, says Werner Steinmueller, chief executive officer for Asia Pacific with Deutsche Bank.

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BUSINESS

Ringgit rout

Asia focus, Pathom Sangwongwanich, Published on 16/01/2017

» A perfect storm is forming around the Malaysian ringgit, as its value remains at risk from a protracted economic slump aggravated by a domestic political scandal and the prospect of rising US interest rates.

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BUSINESS

Asia's economic agenda

Asia focus, Pathom Sangwongwanich, Published on 09/01/2017

» As the euphoria of New Year celebrations fades, it's time for a reality check as economies across Asia brace themselves for yet another year of macroeconomic and business challenges.

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BUSINESS

Rupee ripples

Asia focus, Pathom Sangwongwanich, Published on 05/12/2016

» Taking high-value banknotes out of circulation to curb corruption and counterfeiting might seem like a worthy idea, but India's experience has shown that good intentions need to be backed with credible planning.

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BUSINESS

One currency to link them all: the rise of the renminbi

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.

BUSINESS

Recovery on course

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» Asia Pacific is expected to remain on a macroeconomic recovery path supported by stabilised economic conditions in China and relatively low exposure to "external asymmetrical shocks", says Swiss banker Peter Rosenstreich.

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BUSINESS

Baht hits one-year high against dollar

Business, Pathom Sangwongwanich, Published on 02/08/2016

» The baht hit a one-year high against the US dollar yesterday, tracking emerging-market currency strength as fading prospects of a US rate increase revved up investor appetite.