Currency

STARTING DATE: 15 May 2019

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TOTAL UPDATE: 230 STORIES

Issues related to currency and money exchange.

Currency
LATEST
16 Dec 2020

Thailand 'watched'

The US Treasury labeled Switzerland and Vietnam as currency manipulators and put Thailand among countries on its "monitoring list".

16 Dec 2020 33
Thailand 'watched'
10 Dec 2020

Baht set to rise

The baht's appreciation is poised to continue until year-end 2021 as a result of the weaker US dollar and Thailand's current account surplus.

10 Dec 2020 70
Baht set to rise
30 Nov 2020

Jury out on BoT measures

The strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies.

30 Nov 2020 45
Jury out on BoT measures
27 Nov 2020

Tougher measures needed

Thailand must check the runaway gain in its currency as it makes it harder for exporters to compete in the global market, according to the Federation of Thai Industries.

27 Nov 2020 49
Tougher measures needed
20 Nov 2020

Baht cools

The baht is heading for the first weekly drop in a month after the central bank pledged new measures to temper a rally that threatened to derail a nascent recovery in the trade-reliant nation’s exports.

20 Nov 2020 9
Baht cools
18 Nov 2020

FTI wrings hands over baht appreciation

The Federation of Thai Industries (FTI) has expressed serious concerns about the baht's appreciation and its impact on the export sector, which covers farm produce, food and consumer products.

18 Nov 2020 11
FTI wrings hands over baht appreciation
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.

18 Sep 2020
Japan, Malaysia seal $3 billion currency swap deal
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.

2 Sep 2020 27
Currency hit
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.

29 Jul 2020 17
BoT plan to curb baht by severing link to gold
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.

22 Jul 2020 43
On the list?