SCB Securities said in a separate report on Monday that a wobbly Thai baht is just one of the reasons foreign investors are shunning Thai stocks....
The baht has weakened against the US dollar and traded cautiously after the Bank of Thailand expressed concern about its movement. Saying it was ready to...
Thailand’s central bank has reported that is ready to take additional steps to rein in the skyrocketing Thai baht. The Bank of Thailand and the government...
Currency investors aka Baht bulls are on guard as they gauge Thailand’s Central Bank’s willingness to take more action to curb gains on the Thai Baht....
The baht has made its biggest decline since 2007, to 30.226 against the dollar in early Asia trading. The baht plunged as much as 1.8% on...
The Ministry of Finance will also be setting up working committees responsible for economic stability and for economy driving policies. More details of the new committees...
Thailand’s Prime Minister Prayut Chan-o-cha has ordered authorities to immediately stabilize the baht value and control its rise. He also ordered the Finance Ministry to form...
The Thai baht’s heady gains are petering out, thanks to slowing growth and the central bank taming the currency’s strength. After clocking an 8% rise this...
The vehicle was travelling in the opposite direction, but the driver lost control of the bus and ploughed into roadside bushes.
BANGKOK – Thailand is trying to coax the baht down from six-year high territory as the currency’s strength threatens local manufacturing and tourism. The central bank...
The strong baht is projected to cut individual tourism spending to 4,000 baht a day from 6,000-7,000 baht a day.
"The baht could break past the 30 per dollar band at some stage next year, but the degree of currency appreciation is not expected to be...
Brian Maxey moved to Thailand from the United Kingdom expecting his pension to afford him an easy retirement. Instead, he’s finding it harder to meet his...
The baht has shown to be the second least responsive to shock yuan moves among eight Asian currencies, a Bloomberg reports.
Thai investors who invested in foreign equities were also facing exchange rate losses when repatriating money due to the rising Thai Baht.
The Thai Baht has roared more than 8 percent against the US dollar reaching a six-year high.
Thailand's industry leader under pressure from the Thai Bahts strength are looking to the Bank of Thailand for an economic lifeline.
The airlines revenue dropped 4.2% due to slow growth in tourist arrivals and the strengthening of the Thai baht.
BANGKOK – Economist remain highly skeptical that the Thai Baht will weaken after the Chinese yuan depreciated 7 cent against the US dollar Monday. The yuan...
BANGKOK – Thailand’s currency (Thai Baht) keeps getting stronger and that’s sparking concerns among policymakers, tourism operators and exporters. The Thai baht has soared against the...