Currency

STARTING DATE: 15 May 2019

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TOTAL UPDATE: 190 STORIES

Issues related to currency and money exchange.

Currency
LATEST
3 Dec 2019

PM: Trade in US dollars

Prime Minister Prayut Chan-o-cha has called for the nation to spend in US dollar terms to increase capital outflows and weaken the baht.

3 Dec 2019 32
PM: Trade in US dollars
2 Dec 2019

KRATSCOIN The Crypto-Currency with an Electronic Serial Number

New digital currency can be tracked and inspected offering significant benefits to global financial markets.

2 Dec 2019 1
KRATSCOIN The Crypto-Currency with an Electronic Serial Number
2 Dec 2019

Baht concerns abound

The currency's rise is expected to continue well into 2020 and bring far-reaching consequences to an already sputtering economy.

2 Dec 2019 54
Baht concerns abound
24 Nov 2019

Too high

Bank of Thailand governor Veerathai Santiprabhob admits the baht has appreciated at a rate which exceeds the economic fundamentals.

24 Nov 2019 82
Too high
22 Nov 2019

Time to bring the baht to heel for sake of economy

Complaints about the strong baht are growing louder by the month. Many are puzzled at why Thailand's currency keeps appreciating despite a weakening economy and falling exports. At the beginning of the year, the US dollar/baht rate was at 32.33. As of Wednesday, the baht had strengthened to 30.18 per dollar.

22 Nov 2019 51
Time to bring the baht to heel for sake of economy
7 Nov 2019

Curbing the baht

BoT relaxes regulations related to exporters' foreign currency proceeds and foreign securities investment to encourage capital outflows and rein in the baht's strength.

7 Nov 2019 22
Curbing the baht
6 Nov 2019

Battle to curb strong baht increases rate-cut chances

Thailand’s battle to keep its surging currency at bay is increasing the odds of a second interest-rate cut this year.

6 Nov 2019 17
Battle to curb strong baht increases rate-cut chances
1 Nov 2019

Indonesia central bank governor says rupiah has room to appreciate

JAKARTA: The Indonesian rupiah currency has room to appreciate further, after it stayed relatively unchanged following the Federal Reserve's decision to cut US rates earlier this week, Bank Indonesia Governor Perry Warjiyo said on Friday.

1 Nov 2019 1
Indonesia central bank governor says rupiah has room to appreciate
1 Nov 2019

Rice farmers feel the pain as baht surges

The rice industry is enduring one of its most painful periods as a strong baht makes exports uncompetitive, according to one of the sector’s leaders.

1 Nov 2019 19
Rice farmers feel the pain as baht surges
30 Oct 2019

Hong Kong (dollar): Open for Business

Hong Kong recently ranked third highest in the World Bank's 2020 "Ease of Doing Business" report, well ahead of much larger economies such as the United States (ranked 6th) and the United Kingdom (ranked 8th).

30 Oct 2019 4
Hong Kong (dollar): Open for Business