Tag: Bank of Thailand
BoT Considering Use of Stablecoins
BANGKOK (NNT) – The Bank of Thailand (BoT) is planning to promote the use of Stablecoins to pay for goods and services and to help [Read More…]
Thai economy shows improvement in September
BANGKOK (NNT) – Thailand’s economy in September has seen continued growth, with the return of economic activities. The Bank of Thailand has stated however that [Read More…]
The rewards (and risks) of Thailand’s big bet on cryptocurrency
As more people and businesses invest in digital currencies, the Bank of Thailand (BOT) faces the delicate task of trying to balance financial stability and [Read More…]
BOT Warns against Usage of Thai Baht Digital (THT)
BANGKOK (NNT) – The Bank of Thailand is warning people to refrain from participating in any activities involving Thai Baht Digital (THT), as there are [Read More…]
BOT urges hedging to counter unpredictable baht
The Bank of Thailand (BOT), under pressure to make a further cut to its policy rate, has warned businesses that the stubbornly strong baht could [Read More…]
Thailand’s Central Bank Cuts Policy Interest Rate to 1.5 %
BANGKOK, Aug 7 (TNA) – The Bank of Thailand (BOT) cuts its policy interest rate for the first time in more than four years, down [Read More…]
Baht drops slightly after central bank’s ‘warning shot’
The central bank’s move to curb the rising baht is just a warning shot and will have little impact on the currency’s value or on [Read More…]
Central bank takes measures to deal with baht speculation
![The back of a 1000 Baht banknote, with the image of King Rama IX, H.M. Bhumibol Adulyadej](https://www.thailandnews.co/wp-content/uploads/1000-THB-banknote.jpg)
The Bank of Thailand is concerned about the rapid appreciation of the baht currency and has taken measures to curb speculative hot-money inflows, Assistant Governor [Read More…]