“The Bank of Thailand rate cut is as expected to provide a short-term positive sentiment to rein in the baht appreciation,” said ASP.
"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...
"The Bank of Thailand reported, almost 16%, or 3 million Thais, have debt payments which are 90-days past due"
BANGKOK – The Bank of Thailand knocked the Thai baht from its perch, but the weakness could be short-lived, according to currency’s forecasters. The BoT took...
BANGKOK – The Bank of Thailand has stepped up its efforts to curb short-term speculative inflows by lowering the cap on the outstanding balance of a...
BANGKOK – Efforts by The Bank of Thailand to talk down a spike in auto loans amid wider concerns about household debt have sent a chill...
BANGKOK – The Bank of Thailand is fretting over how to restrain the world-beating surge in the baht just as the U.S. keeps a watchful eye...
BANGKOK – The Bank of Thailand is facing more reasons to cut interest rates than to hike given a slowing economy and a strong currency. But...
BANGKOK – On the wake that Thailand may be added to the United States watch list on currency manipulation because of a high current account surplus,...
BANGKOK – Bank of Thailand (BoT) governor Veerathai Santiprabhob has told a press briefing that Thailand’s economy should improve in the second half this year due...
BANGKOK – Bank of Thailand Assistant Governor Vachira Arromdee has told a press briefing on Monday that the Thai Baht is likely to remain volatile and...
BANGKOK – The Bank of Thailand, the nation’s central bank, has raised its key interest rate for the first time since 2011, in a move...
BANGKOK – A plan to use digital currency, instead of cash, will not happen in Thailand within the next 3-5 years, said Veerathai Santiprabhob, Governor of...
BANGKOK – Thailand’s central bank governor Veerathai Santiprabhob struck a hawkish tone after robust economic growth data on Monday, saying officials are waiting for the...
– BANGKOK – The Bank of Thailand said on Monday it had asked financial institutions not to get involved in cryptocurrency transactions for fear of possible...
– BANGKOK – Thailand’s central bank can continue its commutative monetary policy to aid the country’s economic recovery, although the U.S. Federal Reserve keeps raising its...
– BANGKOK – Thailand’s central bank held its benchmark interest rate near a record low, spurning the government’s call for policy easing as it painted a...
– BANGKOK – The Bank of Thailand (BoT) has said monetary policy still supports the country’s economic recovery. Though inflation has remained weak, high household debt...
. . BANGKOK – Businesses and emerging Asian Countries must brace for a time of volatility by stepping up foreign exchange hedging and lowering their dependence...
. . BANGKOK – The Bank of Thailand is voicing concerns about the impact of the government’s crackdown on “zero dollar” tours after a significant decline...