Showing 1 - 10 of 36
Analyst urges narrower interest rate spread
Business, Wichit Chantanusornsiri, Published on 29/09/2025
» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.
Baht plunges after Pheu Thai politician made Bank of Thailand chairman
Business, Nareerat Wiriyapong, Published on 14/11/2024
» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
Baht volatility against the dollar exceeds regional peers
Business, Somruedi Banchongduang, Published on 10/09/2024
» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Beware of currency storms
Business, InnovestX Securities, Published on 29/06/2024
» The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signalling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.
KKP wary on baht outlook despite uptick
Business, Nareerat Wiriyapong and Somruedi Banchongduang, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
BoT poised to raise rate by quarter-point
Business, Somruedi Banchongduang, Published on 27/03/2023
» The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.