(CTN News) – On Tuesday, Asian currencies faced a significant setback, with Thailand’s baht and Indonesia’s rupiah leading the losses. These currencies were pressured by the...
On Monday, Thailand’s baht fell to a seven-month low as political instability hampered investor appetite, while most other developing Asian currencies fell against a stronger dollar...
(CTN News) – Amidst political and business uncertainty, the Thai baht has plummeted to a seven-month low, unseen since last November, intensifying investor concerns. This decline...
(CTN News) – The Thai baht recently had a spike in strength, but it has since fallen versus the US dollar. According to Kanchana Chokpaisarnsilp, a...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...