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THAILAND

Baht breaks 29-per-dollar barrier

Bloomberg News, Published on 09/04/2013

» The baht jumped the most in 10 months, breaching 29 per dollar for the first time since 1997.

THAILAND

Japan baht speculation suspected

Bloomberg News, Published on 26/03/2013

» The baht reached its lowest level in a week on Tuesday, on speculation companies from Japan, the biggest foreign investor in Thailand, are sending profits home before the end of the fiscal year on March 31.

THAILAND

5-car families deterring rate cut

Bloomberg News, Published on 02/04/2013

» Chitwalai Srisaengchai bought a car last year to take advantage of a Thai tax rebate and now spends 70% of her salary on the loan. She is also giving the Bank of Thailand another reason to resist monetary easing.

THAILAND

Baht falls from 5-week high

Bloomberg News, Published on 07/03/2013

» Thailand's baht fell from a five-week high on speculation importers increased dollar purchases to take advantage of a more favorable exchange rate. Government bonds declined.

THAILAND

FAO warns of rice warehouse shortage

Bloomberg News, Published on 08/02/2013

» Rice stockpiles in Thailand will surge to a record this year driven by the government's price support scheme, according to the Food and Agriculture Organisation, which said the country may be running out of room to store the staple.

THAILAND

Speculators push up baht again

Bloomberg News, Published on 22/02/2013

» The value of the baht advanced Friday, halting a two-week loss, on speculation that the country's accelerating economic growth will attract investment.

THAILAND

Baht hits 8-day low

Bloomberg News, Published on 12/02/2013

» The baht dropped Tuesday to its lowest in more than a week on speculation the Bank of Thailand will cut interest rates next week to slow fund inflows that helped fuel a 2.3 per cent rally in the currency this year. Bonds fell.

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THAILAND

Rice stocks 'near record'

Bloomberg News, Published on 08/02/2013

» Rice stockpiles will surge to a record this year driven by the government's rice-purchase programme, according to the Food and Agriculture Organisation (FAO).

THAILAND

Baht set for best weekly rally in year

Bloomberg News, Published on 18/01/2013

» Thailand's baht was poised for its biggest weekly advance since December 2011, and government bonds rose, as global funds increased holdings of assets that offer higher yields.

THAILAND

Kittiratt discourages baht intervention

Bloomberg News, Published on 24/01/2013

» Finance Minister Kittiratt Na-Ranong said on Thursday the Bank of Thailand should avoid intervention that fights against market forces to stem the baht's appreciation even as he pushes for a weaker currency.