Currency
Issues related to currency and money exchange.
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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.
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.
