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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 Ministry reports dip in 2024 revenue due to stronger baht
TUESDAY, OCTOBER 29, 2024
Ministry misses its fiscal 2024 revenue target by 5 billion baht mainly because a stronger baht affected VAT collections on imported goods
BOI downplays stronger baht’s impact, FTI warns of struggle
MONDAY, SEPTEMBER 30, 2024
Board of Investment doubts strengthening baht will deter foreign investment, but Federation of Thai Industries warns of severe impact on exports
BOT assures it will act if there is volatility in the baht’s exchange rate
WEDNESDAY, SEPTEMBER 25, 2024
The Bank of Thailand (BOT) affirmed on Wednesday that it was monitoring the strengthening baht closely to prevent volatility.
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
PM eyes taking advantage of baht gain
WEDNESDAY, SEPTEMBER 25, 2024
Finance Ministry to discuss possible import projects and adjustment of interest rate with Bank of Thailand
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
Fast-appreciating baht raises concerns for Thailand’s economy
FRIDAY, SEPTEMBER 20, 2024
Government wants BOT to intervene amid worries about impact on exports and tourism
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.
Weakening dollar, rising gold price behind’s baht’s appreciation: BOT chief
WEDNESDAY, AUGUST 28, 2024
Fed’s signal on interest rate cut has changed sentiment on dollar
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