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Search Result for “appreciation”

Showing 1 - 10 of 28

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BUSINESS

Thai central bank 'taking action' on baht, worried by rapid rise

Reuters, Published on 16/12/2025

» The Bank of Thailand (BoT) has taken action to tackle the appreciation of the baht, BoT Governor Vitai Ratanakorn said on Tuesday.

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BUSINESS

Thai industrial sentiment hits 3-year low

Reuters, Published on 17/09/2025

» Thailand's industrial sentiment index fell to its lowest level in three years in August on worries about domestic political uncertainty, a strong baht currency and tariffs imposed by the United States, the Federation of Thai Industries (FTI) reported on Wednesday. 

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BUSINESS

Thai rice prices hit 3-week high on strong baht; Vietnam rates fall on weak demand

Reuters, Published on 11/09/2025

» Thai rice export prices rose to a three-week high this week, supported by the baht’s appreciation, while thin demand pushed Vietnamese offers lower.

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BUSINESS

Thai rice exporters 'concerned' about strong baht, urge for action

Reuters, Published on 10/09/2025

» The Thai Rice Exporters Association said on Wednesday it is concerned about the strength of the baht and called on the government and the Bank of Thailand (BoT) to urgently take steps to weaken the currency from multi-year highs against the United States dollar.

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BUSINESS

Thai business group cuts GDP forecast over tariffs impact

Reuters, Published on 07/05/2025

» Thailand's economy is expected to grow by between 2.0% and 2.2% this year, down from a previous forecast of 2.4% to 2.9% growth due to the impact of tariffs imposed by the United States, a leading joint business group said on Wednesday.

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BUSINESS

Business group urges central bank for rate cut

Reuters, Published on 02/10/2024

» Thailand's leading business group on Wednesday urged the central bank to cut interest rates, backing the government's repeated calls for monetary easing, and flagged concern about the impact on exports from a rapidly appreciating baht.

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BUSINESS

Exports seen up 2% this year but strong baht a challenge

Reuters, Published on 01/10/2024

» Thailand's exports are expected to rise 2% this year, the upper end of a previous forecast of 1% to 2% growth, but the rapidly strengthening baht could be a challenge for the rest of the year, the Thai National Shippers' Council said on Tuesday.

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BUSINESS

Export forecasts for 2024 unchanged - shippers

Reuters, Published on 03/09/2024

» Thailand's exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, while a stronger baht will have a limited impact on short-term exports, the Thai National Shippers' Council said on Tuesday.

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BUSINESS

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown

Reuters, Published on 20/02/2024

» BENGALURU - Bitcoin is riding high.

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BUSINESS

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.