News
Central bank panel ready to take more action to deal with rising baht
The Monetary Policy Committee (MPC) of the central bank said it stands ready to use policy tools as appropriate and monitor structural problems which should be firmly addressed by all related parties.The statement was made on Tuesday (January 7) at the central bank and analysts’ ...
The Nation Reporter
All eyes on BOT data as baht hits highest level in six years
The baht appreciated to Bt30.15 against the US dollar last week, its highest level in six years on Friday, Kasikornbank said.Kasikornbank has forecast that the baht could move in a range of Bt30-30.30 to the dollar this week (December 30 to January 3). Investors sold ...
Is it all the Bank of Thailand's fault?
Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.While most people understand the negative effects of the rising baht on exports and tourism, few can visualise the adverse consequences of high household ...
