Showing 21 - 30 of 3,776
Venezuela slashes five zeroes from currency
Reuters, Published on 21/08/2018
» VALENCIA, Venezuela: Socialist Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed policies that will push the chaotic country deeper into crisis.
Currency qualms chip away at SET
Business, Published on 12/09/2018
» Escalating Sino-US trade tensions and concerns over an emerging market currency contagion caused the Stock Exchange of Thailand (SET) index to tumble by almost 20 points on Tuesday.
Chinese currency steadies after turbulent trading
AFP, Published on 06/08/2019
» BEIJING: The Chinese currency steadied on Tuesday, a day after Beijing let the yuan weaken against the dollar, sending markets into freefall and leading the US to formally designate China a "currency manipulator".
Somkid moves to calm currency fears
Business, Wichit Chantanusornsiri, Published on 05/01/2018
» Deputy Prime Minister Somkid Jatusripitak is playing down warnings from some foreign research houses that Thailand risks being added to the US Treasury's watch list of potential currency manipulators, saying the government has no immediate plans to step in and curb the stronger baht.
BoT signs currency swap with China
Business, Published on 09/01/2018
» The Bank of Thailand has reached an agreement to extend bilateral currency swap worth 70 billion yuan (370 billion baht) with the People's Bank of China (PBC) for another three years.
Thailand avoids US ‘currency manipulator’ tag
Published on 14/01/2020
» SINGAPORE: Thailand was not included on the latest watch list of “currency manipulators” issued by the US Treasury.
BoT details blueprint for digital currency
Business, Somruedi Banchongduang, Published on 20/08/2021
» The Bank of Thailand plans to test its Retail Central Bank Digital Currency (Retail CBDC) in next year's second quarter, allowing all related parties to participate in the testing process.
Myanmar to have own digital currency
Bloomberg News, Published on 04/02/2022
» Myanmar’s military government plans to establish a digital currency to support domestic payments and boost the economy within the year and is assessing how to move forward, according to a top spokesman of the State Administration Council.
Sri Lanka needs a currency board
News, Published on 09/05/2022
» The war in Ukraine has generated an economic tidal wave, which is crashing over countries near and far. Among the more far-flung is Sri Lanka, where surging food and fuel prices have supercharged a downward spiral that was already underway. Now, the island is being rocked by street protests, and every member of the cabinet -- except Prime Minister Mahinda Rajapaksa, the brother of President Gotabaya Rajapaksa -- has resigned. To save Sri Lanka from economic collapse and socio-political disaster will require radical action.
Sri Lanka needs a currency board
Asia focus, Published on 13/06/2022
» The war in Ukraine has generated an economic tidal wave that is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food and fuel prices have supercharged a downward spiral that was already under way.