Currency

STARTING DATE: 15 May 2019

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TOTAL UPDATE: 261 STORIES

Issues related to currency and money exchange.

Currency
LATEST
12 May 2023

BoT mulls easing yuan-baht trade payment

The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.

12 May 2023
BoT mulls easing yuan-baht trade payment
10 May 2023

Asean pact pushes local currencies

The cabinet has approved Asean's joint plans to push for the use of local currencies for payments in the region.

10 May 2023 2
Asean pact pushes local currencies
9 May 2023

Cabinet support for inter-Asean transactions in local currencies

The caretaker cabinet on Tuesday approved a draft declaration to promote use of local currencies in transactions between member states of the Association of Southeast Asian Nations.

9 May 2023
Cabinet support for inter-Asean transactions in local currencies
27 Mar 2023

Regulator orders Zipmex to clarify deal payments

The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.

27 Mar 2023
Regulator orders Zipmex to clarify deal payments
1 Mar 2023

Baht tipped to strengthen after US rates peak

The baht is likely to recover and strengthen to 33-34 to the US dollar by the end of 2023, as the greenback could go into reverse and start to depreciate in six months, says SCB Chief Investment Office (CIO).

1 Mar 2023 4
Baht tipped to strengthen after US rates peak
28 Feb 2023

Baht declines amid volatile markets

The baht fell to less than 35 against the US dollar on Monday and recorded its lowest level for two months, after being the most volatile currency traded in the region this year.

28 Feb 2023 29
Baht declines amid volatile markets
10 Feb 2023

Baht strength a risk to economy: Finance Minister Arkhom

The strengthening of the baht is a risk to Thailand's economy at the moment as it reduces export volumes, the finance minister said on Friday.

10 Feb 2023 14
Baht strength a risk to economy: Finance Minister Arkhom
6 Feb 2023

Baht hits high-value products

High-value industrial products with few imported raw materials are expected to be the hardest hit as baht strengthens.

6 Feb 2023 4
Baht hits high-value products
26 Jan 2023

Indonesia wants exporters to keep money at home

JAKARTA: Indonesia is formulating incentives for exporters to keep their foreign-exchange earnings onshore for at least three months, its chief economics minister said on Thursday.

26 Jan 2023 3
Indonesia wants exporters to keep money at home
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.

12 Jan 2023
Baht boosted by foreign investors