Showing 31 - 40 of 3,780
Thailand, China conduct digital currency trial
Published on 29/09/2022
» A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.
Caught in a vicious currency cycle
Business, Post Reporters, Published on 03/10/2022
» Industry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand's latest policy rate hike.
Indonesia c.bank intervenes in currency markets
Reuters, Published on 14/08/2023
» JAKARTA - Indonesia's central bank has intervened in the spot foreign exchange and domestic nondeliverable forward markets to prevent high volatility in the rupiah currency, an official said on Monday.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
Myanmar arrests dozens for currency offences
Published on 04/06/2024
» Myanmar authorities are cracking down on gold and foreign-exchange traders and agents selling foreign real estate, with 35 arrests announced in the last two days as part of efforts to stabilise the country’s rapidly depreciating currency.
Thailand, Japan sign local currency swap arrangement
Published on 31/03/2020
» The central banks of Thailand and Japan on Tuesday signed a bilateral local currency swap arrangement (BSA) to enhance the financial stability of the two countries, the Bank of Thailand said in a statement.
China steps up as digital currency pioneer
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.
China's digital currency trial returns to Shenzhen
Published on 06/01/2021
» Shenzhen, China's technological hub, will start its second trial of the nation's digital currency this week, giving away virtual gift packets to its citizens as the nation steps up its testing efforts in a bid to launch the world's first sovereign digital currency.
Thailand, China renew bilateral currency swap arrangement
Reuters, Published on 08/01/2021
» The central banks of Thailand and China have renewed a baht-yuan bilateral currency swap arrangement for five years to support trade and investment in the local currencies, the Bank of Thailand said on Friday.
Seoul weighs shuttering all virtual currency exchanges
Reuters, Published on 18/01/2018
» SEOUL: South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.