Showing 1 - 5 of 5
MPC votes for surprise rate cut
Somruedi Banchongduang, Published on 07/08/2019
» The Bank of Thailand’s Monetary Policy Committee (MPC) voted to cut the policy interest rate by 25 basis points to 1.5%, an unexpected to move to shore up Thailand’s economic growth momentum amid intensifying Sino-US trade tensions.
Thailand sidesteps US watch list
Business, Somruedi Banchongduang, Published on 30/05/2019
» Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank's chief.
BoT to keep a lid on baht interventions
Business, Somruedi Banchongduang, Published on 21/02/2018
» The Bank of Thailand is expected to scale back its interventions in the foreign exchange market amid concerns they could prompt the wrath of the US and place Thailand on a currency manipulation watchlist, says a Kasikornbank (KBank) senior executive.
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
HSBC downplays US election impact
Business, Somruedi Banchongduang, Published on 07/11/2012
» Global financial markets will be little changed if Barack Obama wins the US presidential election compared with Mitt Romney, said an economist with HSBC.