Thailand to deal with China’s yuan devaluation World

Thailand to deal with China’s yuan devaluation

The depreciation of the Chinese currency, the yuan, will affect the baht of Thailand and export values of the country for the rest of the year, which will force the Bank of Thailand (BoT) to come up with measures to manage the Thai currency, according to economists.
Prime Minister receives Thai central bank governor Politics

Prime Minister receives Thai central bank governor

Prime Minister Nguyen Xuan Phuc expressed his hope for stronger ties between the Vietnamese and Thai banking systems while receiving Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob in Hanoi on August 5.
Bank of Thailand holds interest rate at 1.75 percent World

Bank of Thailand holds interest rate at 1.75 percent

The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
Thailand’s economy sees positive signs ASEAN

Thailand’s economy sees positive signs

The Thai economy continues to gain further traction from both domestic and external demand, the central bank of Thailand (BOT) said in its press release on economic and monetary conditions in August.
Strong baht stirs worries for Thailand’s exports World

Strong baht stirs worries for Thailand’s exports

The Thai baht has staged a strong recovery against US dollar after suffering a brief sell-off earlier this year, but the Thai Government is increasingly worried that continual strength in the currency could hit exports.
Thailand’s economy sees slow growth in Q2 World

Thailand’s economy sees slow growth in Q2

Thailand’s economy in April-June grew at a slower pace than in the previous quarter, but the National Economic and Social Development Board (NESDB) kept its yearly GDP growth forecast of the country at 4.2-4.7 percent.
Thailand’s economic growth reaches five-year high World

Thailand’s economic growth reaches five-year high

Thailand’s economy grew 4.8 percent in the second quarter of this year, higher than that of the first quarter and the highest level in five years, according to a report from the Bank of Thailand (BoT).
Thailand to keep interest rate unchanged World

Thailand to keep interest rate unchanged

Thailand’s central bank plans to keep its interest rate unchanged again on August 8 to aid economic growth as inflation remains benign and policymakers say capital outflows are not currently a concern, according to Reuters.