Thai Baht reaches strongest since 1997
The Thai Baht has become strongest in 16 years, quoted at 29.13 Baht against the US dollar today, which, according to an analyst, has led to massive sales of the greenback offshore and brought down the...
View ArticleBillions flow into Thai bonds, pushing up Baht value
According to latest Oxford Business Group report, financial markets in Thailand are experiencing rising levels of capital inflow, drawn by the economy’s solid performance and sustained political...
View ArticleChina driven trade in Asia is pushing up Yuan momentum
The global use of the yuan as a trade settlement currency is clearly on the rise
View ArticleMeasures to fight surging baht and labour shortage
Mr Kittiratt said cabinet members were confident that the BoT will be able to stabilise the baht, adding that the private sector wants to see the baht movement stabilise at Bt29-30 against the dollar.
View ArticleThailand mulls control on capital inflows to tame rising baht
Thailand's Finance Ministry has announced a move to write a new regulation to control inflows and outflows of foreign capital
View ArticleThree factors to weaken Thai baht (BOT)
The United States’ application of the minimised quantitative easing (QE) programme, China’s economic slowdown and the Thai Finance Ministry’s foreign capital control are major elements contribution to...
View ArticleIndian rupee hits record low vs dollar
The partially convertible Indian currency ended the day at a new low of 58.15 to the dollar yesterday afternoon, sweeping past its previous low of Rs57.32 hit on June 28.
View ArticleDollars go Home
Foreign capital starts flowing back to the United States, said Bank of Thailand governor Prasarn Trairatvorakul, following the improvement in the US economy.
View ArticleBurma’s Kyat Continues Its Downslide
Burma’s currency is continuing its downslide and has dropped almost 18 percent in value since the government floated the kyat in early April last year.
View ArticleExpats get more for they dollars in Bangkok
Thailand's capital fell from 66 to 88 on the 2014 survey of 211 cities worldwide, which measures the comparative cost of more than 200 items, including housing, transportation, food, clothing,...
View ArticleHSBC’s Currency Expert Says Speed of Yuan Drop Is Frightening
David Bloom, global head of currency strategy at HSBC Holdings Plc, talks about the yuan and Federal Reserve policy
View ArticlePBOC injects more yuan to ease cash squeeze
An estimated $843 billion of capital flowed out of China in the 11 months through November, according to a Bloomberg estimate, and policy makers are having to add funds to the financial system to...
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Thailand attracted $13Bln in foreign investment in 2016
Thailand is a stand out emerging market this year, despite the prolonged political uncertainty. It's attracted $13B in foreign investment, second only to South Korea in emerging Asia economies....
View ArticleThree factors to weaken Thai baht (BOT)
The United States’ application of the minimised quantitative easing (QE) programme, China’s economic slowdown and the Thai Finance Ministry’s foreign capital control are major elements contribution to...
View ArticleClik here to view.
Indian rupee hits record low vs dollar
India’s rupee slid to a record low against the dollar yesterday as dealers moved into the US currency following robust US jobs data and growing concern about the South Asian nation’s struggling...
View ArticleDollars go Home
Foreign capital starts flowing back to the United States, said Bank of Thailand governor Prasarn Trairatvorakul, following the improvement in the US economy. He said on Tuesday that Thailand has...
View ArticleClik here to view.
Burma’s Kyat Continues Its Downslide
Burma’s currency is continuing its downslide and has dropped almost 18 percent in value since the government floated the kyat in early April last year. Currency speculation and falling global gold...
View ArticleClik here to view.
Expats get more for they dollars in Bangkok
Bangkok has become a cheaper city for expatriates to live on a dollar benchmark basis, in the past year according to Mercer LLC’s list of the world’s most-expensive cities. Thailand’s capital fell...
View ArticleHSBC’s Currency Expert Says Speed of Yuan Drop Is Frightening
David Bloom, global head of currency strategy at HSBC Holdings Plc, talks about the yuan and Federal Reserve policy. He speaks with Angie Lau on Bloomberg Television’s “First Up.” The yuan, which is...
View ArticlePBOC injects more yuan to ease cash squeeze
The People’s Bank of China said it conducted 110 billion yuan ($16.7 billion) of seven-day reverse-repurchase agreements and 290 billion yuan of 28-day contract, helping ease a cash squeeze as the...
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