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Japan enters market for first time in 24 years to rein in rising dollar
THURSDAY, SEPTEMBER 22, 2022
In a rare move last seen in 1998, Japan on Thursday intervened in the foreign exchange market by buying yen in a bid to shore up the depreciating currency.
Thai foreign exchange reserves stable despite soaring dollar
SUNDAY, SEPTEMBER 18, 2022
Thailand's foreign exchange reserves remain high despite the strengthening of the dollar, government spokesman Anucha Burapachaisri said on Sunday.
State Bank of Pakistan clarifies its foreign exchange reserves have not dried up
WEDNESDAY, JUNE 22, 2022
The State Bank of Pakistan (SBP) on Tuesday dismissed reports claiming that its foreign exchange reserves had “dried up”, and clarified that neither the country’s banks had run out of US dollars nor the central bank had stopped import payments.
BOT relaxes forex rules to ease pressure on baht
TUESDAY, APRIL 19, 2022
The Bank of Thailand (BOT) has relaxed foreign exchange regulations in a bid to ease capital flows and curb baht volatility amid its slide against the dollar.
Foreign-exchange traders are feeling a bit on edge about Canada
TUESDAY, SEPTEMBER 21, 2021
While voters prepare to render their verdict on Prime Minister Justin Trudeaus government at the polls on Monday, the market is taking a distinctly downbeat view of the local currency, despite recent buoyancy in resource prices.
Bitcoin surges above $11,000 thanks to Facebook's currency plans
MONDAY, JUNE 24, 2019
London - Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing stock, foreign exchange and commodity markets and breathing new life into a sector that many had declared moribund.
Moneychangers appeal to Indian Embassy over currency move
MONDAY, NOVEMBER 21, 2016
THE THAI Association of Foreign Exchange will seek urgent remedial measures from the Indian Embassy after New Delhi’s recent announcement that it was removing 500- and 1,000-rupee notes from circulation.
Hedging against foreign exchange volatility in a world of economic uncertainties
FRIDAY, NOVEMBER 20, 2015
THE US dollar to euro exchange rate has endured volatility for several years. Early this year, the Swiss Franc jumped rapidly in February following the end of the unit's fixed exchange rate to the euro, while the value of the Russian ruble has fallen agai
Beijing is one of the causes of global market instability
MONDAY, OCTOBER 19, 2015
THE foreign-exchange market has been quite volatile lately.
BOT receives foreign exchange warning
MONDAY, JULY 27, 2015
The Bank of Thailand (BOT) should think twice before increasing its usage of foreign exchange rates as one of the central bank's monetary targets since Thailand's hand is already showing and the repercussions could be severe, said Usara Wilaipich, senio
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