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Showing 1-6 of 6 results
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Myanmar central bank to no longer set forex rates
Reuters, Published on 06/12/2023
» Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and licensed dealers to decide their own rates, state media reported on Wednesday, in a rare easing of some of its tight controls.
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Weak baht good for exports, says Srettha
Reuters, Published on 03/10/2023
» The weak baht could be beneficial to the Thai economy, helping boost tourism and exports, Prime Minister and Finance Minister Srettha Thavisin said on Tuesday.
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Stocks recover after slipping on tough talk from Fed
Business, Published on 23/09/2023
» RECAP: Most stock markets rose on Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest-rate increases by central banks struggling to tame inflation.
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Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
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Baht leads declines amid China weakness
Published on 15/08/2023
» Emerging Asian currencies declined on Tuesday, with the baht weakening the most, as more disappointing data from China fanned worries about the faltering recovery in the world’s second-largest economy.
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Easing political uncertainty pushes baht to 2-month high
Reuters, Published on 18/07/2023
» The Thai baht led gains among Asian currencies on Tuesday, scaling a two-month peak, as hopes of a resolution of a political logjam in Thailand and a softer United States dollar improved investor sentiment.
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