Tag: Currency
Thai Baht on the verge of weakening amid poor economic indicators
![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)
In the wake of lackluster economic performance, the Thai Baht is anticipated to undergo a period of depreciation, as experts weigh in on the implications [Read More…]
Thai Baht Poised to Strengthen Against US Dollar
Thai Baht Poised to Strengthen Against US Dollar Amidst Fed Rate Cut Speculations.
Thai Baht dips further to 37 per dollar
The baht continues to weaken against the US currency, falling to 37.04 per dollar as the US bond yield rises in line with improving economic [Read More…]
Thai baht surges to its strongest level in 10 months
The bath strengthened to 33.06 per United States dollar on Friday morning, the highest level in 10 months, according to Kasikorn Research Center (KRC). The [Read More…]
Thai Baht’s current slide is a grim reminder of its crash 25 years ago
On July 1, at some point during the day, the baht fell to 35.66 to the dollar, its weakest in five years. It closed at [Read More…]
Man arrested for Phuket currency exchange booth robbery
PHUKET: A 20-year-old man has been arrested and charged with robbing a currency exchange booth of about 220,000 baht in Patong five days ago. Police [Read More…]
Thailand’s Gulf Energy to Seal Crypto Venture With Binance in Q2
BANGKOK (NNT) – Thai power producer Gulf Energy Development Pcl has said it expects to finalize a joint venture (JV) with the world’s biggest cryptocurrency [Read More…]
Cryptocurrency traders in Thailand subject to 15% capital gains tax
Thailand’s cryptocurrency traders will be subject to a 15% capital gains tax, according to the Bangkok Post. Taxes on cryptocurrency gains are one of the [Read More…]