Showing 1 - 10 of 16
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 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.
Jon Fernquest, Published on 08/05/2013
» Most monetary policy experts at BOT don't believe interest rate cut will solve rising baht problem so charges of "gross incompetence" unfounded.
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?
Jon Fernquest, Published on 15/05/2012
» Appointment of economist pushing for big changes (monetary policy, foreign reserves, sovereign wealth fund) may lead to conflicts.
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 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
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.
Jon Fernquest, Published on 22/11/2011
» Central bank rejects idea of swapping safe US T Bills for govt bonds in foreign exchange reserves. Better govt borrows locally at low long-term rates.