Search results for "thai baht"

Business1 month ago

Thai Baht Drops to 15 Year Low, Asia’s Central Banks Eye Rate Rise

The Bank of Thailand is scrambling due to a surge in the US dollar that has set the Baht and other Asian currencies on course for...
Business2 months ago

Analysts Sound the Alarm as Thai Baht Tanks

The Thai baht is likely to tank further throughout this month due to increased volatility in global money and capital markets following the US Federal Reserve’s...
Business1 year ago

Once on Top Thai Baht Now Becoming Asia’s Worst-Hit Currency

Thailand’s Thai baht, once the strongest-performing currency in Asia before the pandemic, has been steadily falling in 2021 and is this year’s worst-hit currencies in the...
Business1 year ago

Thai Baht Continues to Tank as Foreign Investors Leave Thailand

Krungthai Bank market strategist Poon Panichpibool reported yesterday the Thai Baht is likely to move between 32.80 and 32.95 as foreign investment continues to leave the...
Business1 year ago

Gold Prices in Thailand Spike as the Thai Bahts Continues Devaluation

Thailand’s gold prices have jumped 4% in three weeks, spurred by a 2% increase in the global gold price and the baht’s depreciation. The number of...
Business1 year ago

Thai Baht Falls to its Weakest Value in 14 months Against US Dollar

The baht has fallen to its weakest value in 14 months at 32.29 baht against the US dollar causing the Federation of Thai Industries (FTI) to...
Business1 year ago

Thai Baht Falls to its Lowest Rate Against the US Dollar in 10 Months

Thailand’s Thai baht currency fell to 31.68 baht to the US dollar during Forex trading yesterday, the lowest rate in 10 months. The baht is expected...
Business1 year ago

Kasikorn Bank Forecasts Thai Baht to Weaken Further in June

Kasikorn Bank has forecasts the Thai baht will weaken further against the US dollar by June this year because of dividend repatriation by foreign investors and...
Business2 years ago

Thai Baht Has Nowhere to Go But Up Despite US Treasury Report

The US Treasury Department report this week tagged Thailand along with nine other mostly Asian countries as a possible currency manipulator, notably at a time when...
Business2 years ago

Bank of Ayudhya Anticipates Thai Baht to Surge in New Year

Thailand’s Bank of Ayudhya reports the baht’s value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand’s huge current account surplus and...
News2 years ago

Thailand Intervenes to Help Cool the Rapid Gain of the Thai Baht

Thailand relaxed rules on capital outflows and will increase scrutiny of fund flows into bonds to help cool a rally of the Thai Baht that threatens...
Business2 years ago

Bank of Thailand Intervenes to Curb Thai Baht’s Swift Appreciation

The Bank of Thailand has intervened in a bid to stem a rise in the Thai baht because the currency has appreciated too fast and impacted...
Business2 years ago

Thai Government Orders Bank of Thailand to Curb Rally on Thai Baht

The government of Thailand has ordered the Bank of Thailand (BoT) to slow down a resent rally in the Thai Baht. The resent rally of the...
Business2 years ago

Bank of Thailand Tested as Thai Baht has its “Biggest Gain”

The country’s Finance Minister Uttama Savanayana told reporters in Bangkok on Thursday that it’s the Bank of Thailand's job to make sure the Thai baht isn’t...
Business2 years ago

Thailand’s Central Bank to Curb Appreciation of Thai Baht

Thailand’s central Bank has said it’s concerned about a recent rapid appreciation of the Thai Baht and it’s ready to take steps to curb its climb....
Business2 years ago

Thai Baht’s Poised to Tumble after Central Bank Cut Interest Rates

While the number of virus cases in Thailand remains well below those in the world’s worst-affected countries, the recent spike suggests there’s potential for the situation...
Business3 years ago

Coronavirus, Wobbly Thai Baht Causing Foreigners to Avoid Thai Stocks

SCB Securities said in a separate report on Monday that a wobbly Thai baht is just one of the reasons foreign investors are shunning Thai stocks....
Business3 years ago

The Thai Baht Slowly Weakening Against the US Dollar

The baht has weakened against the US dollar and traded cautiously after the Bank of Thailand expressed concern about its movement. Saying it was ready to...
Business3 years ago

Bank of Thailand to Take Further Steps to Reign in Thai Baht

Thailand’s central bank has reported that is ready to take additional steps to rein in the skyrocketing Thai baht. The Bank of Thailand and the government...
Business3 years ago

Thai Baht Defying Bank of Thailand’s Attempts to Halt Gains

Currency investors aka Baht bulls are on guard as they gauge Thailand’s Central Bank’s willingness to take more action to curb gains on the Thai Baht....

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