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  • BUSINESS

    Baht surges to 5-year high near 31

    Business, Published on 21/02/2019

    » The baht soared to its highest level against the dollar in more than five years on Wednesday, on hopes that the US and China would be able to secure a trade deal and avert retaliatory tariffs. Analysts expect the local currency to continue marching past the 31-baht mark.

  • GENERAL

    Emerging market currencies drop to 2024 low

    Published on 16/04/2024

    » Emerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions, and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.

  • BUSINESS

    China cut yuan rate more than 1% against dollar

    AFP, Published on 13/08/2015

    » SHANGHAI - China set the reference rate for its currency more than one percent lower against the US dollar on Thursday, the operator of the national foreign exchange market said, its third consecutive reduction.

  • BUSINESS

    SET index up 16.49 points

    Online Reporters, Published on 29/03/2013

    » Thai stocks rose more than 1% on Friday, continuing their recovery from the panic selling induced late last week by reports of tighter controls on margin trading.

  • WORLD

    Kyat slumps amid uncertainty over claims of record low

    Myanmar Times, Published on 19/12/2016

    » YANGON - While economic analysts argue over whether the weakening kyat is a preventable blight on the economy or a natural by-product of global macroeconomic conditions, a second question has arisen – how to tell if the currency is actually at record lows against the US dollar.

  • BUSINESS

    Rate cut impact limited

    Business, Published on 05/12/2019

    » Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.

  • BUSINESS

    Grow Your Investments in the Emerging Markets with AllianceBernstein’s Multi-Asset Approach

    Published on 12/11/2018

    » Citigold is a wealth management service for clients with total deposits or investments with Citibank Thailand of 5 million baht or more. Citigold offers end-to-end premier banking solutions, including advisory and wealth management services, backed by a dedicated Relationship Manager and a team of experts trained by the Citi l Wharton Global Wealth Institute. Citigold also provides in-depth investment and economic insights to help investors make investment decisions. What’s more, Citigold customers enjoy an array of exclusive, curated lifestyle and banking privileges, one of which-the AB Emerging Markets Multi-Asset Portfolio mutual fund-is featured in this article.

  • WORLD

    Voting Argentines want big change for their dollars

    AFP, Published on 22/11/2015

    » BUENOS AIRES - "Change! Cambio, cambiooo!" chants a rhythmic voice on Calle Florida, a busy pedestrian shopping street in central Buenos Aires. "Dollars!"

  • BUSINESS

    Local gold price pierces psychological support line

    Business, Darana Chudasri, Published on 25/09/2020

    » The trading price of local gold bars fell below the psychological support line at 27,650-27,750 baht per one baht-weight on Thursday, while the global spot price sank to its lowest in over two months at US$1,852 an ounce, pressured by a stronger dollar and a SPDR gold fund sell-off.

  • BUSINESS

    Q2 earnings will offer reality check

    Business, Published on 18/07/2020

    » Market perceptions of the prospects for a second-half earnings recovery in 2020 have outshone anticipation of weak second-quarter numbers, driving the recent recovery on the Stock Exchange of Thailand.

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