Showing 1 - 4 of 4
Speculation bumps up baht
Business, Somruedi Banchongduang, Published on 12/11/2022
» The baht surged to its strongest level in almost three months on Friday after China eased some of its quarantine rules for travellers and speculation the United States Federal Reserve would be less aggressive with its rate hikes.
Baht set to rise until end of 2021
Business, Somruedi Banchongduang, Published on 10/12/2020
» The baht's appreciation is poised to continue until year-end 2021 as a result of the weaker US dollar and Thailand's current account surplus, with an export recovery potentially tempered by the strong local currency, says a research house.
Tax restructure projected for 2021
Business, Somruedi Banchongduang, Published on 13/11/2020
» The Finance Ministry plans to implement tax restructuring next year in an effort to offset lower tax income and shift the economic structure because of the effect of the pandemic crisis.
BoT measures slow baht speculation
Business, Somruedi Banchongduang, Published on 01/10/2019
» Baht speculation has been declining after the central bank's recent measures to manage local currency movement and a policy rate cut, says the Bank of Thailand.