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Baht firms up slightly as sideways movement continues
Baht firms up slightly as sideways movement continues
WEDNESDAY, DECEMBER 27, 2023
The Thai Baht opened this morning (December 27) at 34.55 baht per US dollar, slightly stronger than the previous day’s closing rate at 34.59 baht, according to Krung Thai Bank’s foreign currency analyst, Poon Panitpiboon.Laos needs to attract more foreign currency to stabilise the kip: economist
Laos needs to attract more foreign currency to stabilise the kip: economist
TUESDAY, OCTOBER 17, 2023
A high-level economist has stressed the need for Laos to create conditions that favour the inflow of foreign currency into the money supply, saying it will help to stabilise the value of the kip by boosting exports, tourism and foreign investment.Myanmar suspends import of passenger cars to stop foreign currency usage
Myanmar suspends import of passenger cars to stop foreign currency usage
SUNDAY, OCTOBER 02, 2022
Myanmar’s trade authorities have temporarily suspended the import of vehicles from October 1 to reduce the use of foreign currency.Adopting foreign currency in computing Thai income tax
Adopting foreign currency in computing Thai income tax
MONDAY, SEPTEMBER 04, 2017
ACCORDING to the Thai Accounting Standard (TAS) 21: The effects of changes in foreign exchange rates, an entity is required to determine a functional currency for its operation based on the primary economic environment in which it operates and to record transactions using that functional currency. 
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