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Thai private sector predicts fallout from US election
MONDAY, NOVEMBER 04, 2024
Thailand's private sector is bracing for the result of this week's US presidential election, predicting possible impacts on global trade from trade barriers against China.
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.
Thai baht opens slightly stronger, but weakness looms
TUESDAY, SEPTEMBER 10, 2024
The currency is expected to fluctuate this week due to several factors including US economic data, presidential debate and global market trends
Vietnam, Laos discuss cooperation in using local currencies in bilateral trade
FRIDAY, AUGUST 23, 2024
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment.
Strong baht to affect Q4 exports, TNSC says
THURSDAY, AUGUST 22, 2024
Shippers’ Council worried that the rapid rise in the value of the baht will negatively affect an already-depressed export market
New PM’s focus must be on growing the economy, TCC says
MONDAY, AUGUST 19, 2024
The chairman of the Thai Chamber of Commerce says priority must be given to stabilising the Thai currency and maintaining tourism targets
Thai Airways reports Q2 profit, pushing H1 earnings to 2.7bn baht
FRIDAY, AUGUST 09, 2024
Revenue in second quarter rises 17.7% but earnings plummet by nearly 2 billion baht on rising operational costs and currency depreciation
Weakening baht the foremost challenge facing Srettha II Cabinet
WEDNESDAY, MAY 01, 2024
One of the biggest challenges facing the Srettha II Cabinet after the recent reshuffle is the sliding baht, precipitated by the cut in interest rates offered by state-run and commercial banks in response to the government’s policy of helping vulnerable bank customers.
Yen jumps against the dollar on suspected intervention
MONDAY, APRIL 29, 2024
The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try to underpin a currency languishing at levels last seen over three decades ago.
Srettha reiterates benefits of a rate cut after BOT refuses to budge
FRIDAY, APRIL 12, 2024
Prime Minister Srettha Thavisin once again made the case for reducing the key policy interest rate, saying it will benefit consumption, exports and tourism.
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