Currency

STARTING DATE: 15 May 2019

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TOTAL UPDATE: 223 STORIES

Issues related to currency and money exchange.

Currency
LATEST
18 Sep 2020

Japan, Malaysia seal $3 billion currency swap deal

TOKYO: Japan and Malaysia sealed on Friday a mutual currency swap arrangement to allow each side to provide the other up to US$3 billion to prevent a financial crisis, the Japanese Finance Ministry said.

18 Sep 2020
Japan, Malaysia seal $3 billion currency swap deal
2 Sep 2020

Currency hit

The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.

2 Sep 2020 27
Currency hit
29 Jul 2020

BoT plan to curb baht by severing link to gold

The Bank of Thailand is considering severing the link between gold trading and the baht as one way to limit the currency’s gains without incurring criticism by the US of foreign-exchange manipulation.

29 Jul 2020 17
BoT plan to curb baht by severing link to gold
22 Jul 2020

On the list?

Thailand and Taiwan may be added to the US watchlist for currency manipulation after meeting all of the criteria set out by the Treasury Department, according to UBS Group.

22 Jul 2020 43
On the list?
17 Jul 2020

Baht erodes further

The baht continued to weaken on Thursday after the resignations of Deputy Prime Minister Somkid Jatusripitak and four other key officials.

17 Jul 2020 35
Baht erodes further
22 Jun 2020

SE Asian currencies jump in June, peso leads

June is shaping up to be a good month for Southeast Asia’s currencies, with every one gaining.

22 Jun 2020 1
SE Asian currencies jump in June, peso leads
4 Jun 2020

Up for discussion

The Bank of Thailand has summoned foreign exchange dealers to meet on Thursday to discuss the baht's rapid gain.

4 Jun 2020 53
Up for discussion
1 Jun 2020

Ready to act

The Bank of Thailand says it will act to curtail the baht's escalating value if it imperils an already fragile economy.

1 Jun 2020 53
Ready to act
20 May 2020

Top outperformer

After lagging other Asian currencies for most of the year, Thailand’s baht has staged a sharp rebound to outperform its peers.

20 May 2020 56
Top outperformer
16 Mar 2020

Bank of Thailand: Beware baht volatility

Ahead of the March 25 Monetary Policy Committee meeting, the central bank governor discusses the need to “act early” with previous monetary policy easing and warns the foreign exchange rate will continue to be highly volatile against the backdrop of the Covid-19 outbreak.

16 Mar 2020 6
Bank of Thailand: Beware baht volatility