News
Bank of Thailand takes action to curb Thai baht’s strength
The Bank of Thailand has moved forward measures, originally meant to begin early 2021, but most of which will now take effect from end of this month. The end result is that the new rules will make it easier for Thais to shuffle money overseas ...
Political tensions, US data hold key to baht's direction next week
Kasikornbank predicted the baht would move between 30 to 30.40 per US dollar next week, with several factors requiring monitoring by investors.The bank said that the political situation in Thailand, as well as export data for October to be announced in the near future, would ...
The Nation Reporter
Baht speculation curbed but Thailand still open to long-term foreign investment: BOT
The Bank of Thailand (BOT)’s latest measure to manage the inflow of foreign money should not affect long-term foreign investment in the country, BOT director of economic analysis Pornpen Sodsrichai said on Thursday.Keep reading ...
The Nation Reporter
The Thai Baht in 2022 – a prediction
Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies and their projected performance against the Thai Baht. Of course, these are just predictions, according to longforecast.comKeep reading ...
World-Beating Baht Adds to Thai Challenges as Exports Fall
A surge in the baht is adding to the challenges facing Thailand’s trade-dependent economy this year as exports decline.The baht’s climb of about 5 percent against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. ...
