Tag: Thai Baht
FTI hopes for further cut in policy interest rate to tame strong Baht
The Federation of Thai Industries (FTI) is hoping that the Monetary Policy Committee of the Bank of Thailand will make another cut in the policy [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…]
KBank sees strong baht until year-end
The baht is expected to remain firm to the US dollar for the remainder of this year as offshore funds continue flowing into long-term Thai [Read More…]
Strong baht hits foreign investment fund returns, TMB says
The strong baht has cut the value of the foreign investment fund (FIF) under fund management, falling by Bt27 billion from Bt1.2 trillion at the [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 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…]
Swiss firm sees continued baht rise
Swiss wealth and asset manager Lombard Odier is bullish on the baht, reckoning the currency will run up further to surpass 30 to the US [Read More…]
