Weakening baht to remain volatile until November-end, say currency analysts
FRIDAY, NOVEMBER 15, 2024
The baht would face short-term volatility until the end of November due to funds flows into the US after Donald Trump won the presidential election, several currency analysts said on Friday.
Finance minister urges action on rising Thai baht, high policy rate
WEDNESDAY, SEPTEMBER 25, 2024
Pichai worries the stronger currency will harm Thailand’s export competitiveness and has called on the central bank to review both the baht and high interest rate
Thai businesses call for urgent measures to curb strengthening baht
TUESDAY, SEPTEMBER 24, 2024
The private sector is urging the government to take immediate action, warning a stronger baht can cost the economy up to 130 billion baht in lost export earnings
US dollar’s weakness among reasons for strengthening baht, says BOT
FRIDAY, SEPTEMBER 13, 2024
The Bank of Thailand (BOT) has acknowledged the recent appreciation of the baht, attributing it to the weakening US dollar and rising global gold prices, spokesperson Chayawadee Chaianant said on Friday.