Currency
Issues related to currency and money exchange.
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22 Jan 2020
Baht to rise
The baht's strength is expected to continue throughout this year, buoyed by Thailand's increased surpluses in current account and trade balance.
16 Jan 2020
Bank of Thailand lands in hot water
It caught almost everyone by surprise when the baht strengthened past the psychological level of 30 baht per US dollar during the New Year holidays.
15 Jan 2020
Dodging the list
Thailand again managed to avoid placement on the US watch list for currency manipulation, while the central bank affirmed that steps have been taken to curb the baht's gain.
14 Jan 2020
13 Jan 2020
Thailand won’t disrupt markets to curb baht: Uttama
Any measures authorities take to curb gains in the currency will not disrupt the “market mechanism” of the baht, Finance Minister Uttama Savanayana said on Monday.
13 Jan 2020
Uttama shoots down sovereign wealth fund
Finance Minister Uttama Savanayana on Monday ruled out the private sector's request that policymakers set up a sovereign wealth fund as a means to curb the baht's strength.
8 Jan 2020
Dirty tricks?
Trade surplus with US passes $20 billion, risking inclusion on US watchlist of currency manipulators; Bank of Thailand chief says soaring baht shows hands are off.
6 Jan 2020
Bring the baht down to earth
A day before the end of last year, the baht touched a fresh six-year high as it fell below the 30-mark to 29.9 to the US dollar.
4 Jan 2020
Baht options
Policymakers still have monetary and fiscal policy space to rein in the stronger baht, but it will be used when appropriate.
3 Jan 2020
Baht, Taiwan dollar tussle for supremacy in Asia
Emerging Asia’s top-performing currency in 2019 may find itself dethroned this year by a rival that’s also armed with a strong current-account surplus.
