Currency
Issues related to currency and money exchange.
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12 Jan 2023
Baht boosted by foreign investors
The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.
11 Jan 2023
Asean pushes back against King Dollar
Southeast Asia, like much of the rest of the world, is losing patience with King Dollar.
4 Jan 2023
Ex-crypto boss Bankman-Fried pleads not guilty to fraud
NEW YORK - FTX co-founder Sam Bankman-Fried pleaded not guilty Tuesday to US criminal fraud charges over the spectacular collapse of his crypto exchange.
3 Jan 2023
Gaining strength
The race to be Southeast Asia’s best-performing currency in 2023 looks like it could be between the Thai baht and Singapore dollar.
13 Dec 2022
Disgraced crypto tycoon Bankman-Fried arrested in Bahamas
WASHINGTON: Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to US officials seeking to charge him after the spectacular collapse of his FTX platform.
27 Oct 2022
Yuan jumps to fifth most traded currency
The Chinese yuan has leaped over the Australian, Canadian and Swiss currencies to become the fifth most traded currency in the world, according to the Bank for International Settlements (BIS).
21 Oct 2022
Baht drifts lower as Asian currencies fall
The baht continued to drift below 38 to the US dollar as most Asian currencies headed for weekly losses on Friday.
6 Oct 2022
SCB 10X touts digital tokens
SCB 10X, a subsidiary of Thailand's oldest lender Siam Commercial Bank (SCB), is ready to make inroads in the digital token business, saying digital assets are attractive for investment and hold high potential to grow in the long term.
3 Oct 2022
Vicious cycle
Big business wants intervention to slow the baht's decline, but much of the activity is driven by the US dollar and there are negative consequences to repeated interest rate hikes.
29 Sep 2022
SEC announces lawsuits for 'wash trading'
The Securities and Exchange Commission (SEC) is taking legal action against five entities for creating an artificial volume of digital assets on Bitkub and Satang cryptocurrency exchanges.
