Currency
Issues related to currency and money exchange.
LATEST
- Sorted by
- Latest
- Oldest
- Most viewed
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.
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
Baht concerns abound
The currency's rise is expected to continue well into 2020 and bring far-reaching consequences to an already sputtering economy.
24 Nov 2019
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.
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.
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.
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
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.
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).
