Currency
Issues related to currency and money exchange.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
