$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 31.18 Outlook The Thai baht declined after the nation’s finance minister unexpectedly quit less than a month into the job, injecting uncertainty into an economy devastated by the coronavirus pandemic. The currency declined as much as 0.8%, the most since July, to 31.301 against […]
$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 30.95 Outlook When new Bank of Thailand (BoT) Governor Sethaput Suthiwart-Narueput assumes his post on October 1, one of his first crucial challenges will be how to deal with the kingdom’s strong currency, the baht. In 2019, the baht appreciated 9% against the dollar, […]
$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 31.15 Outlook The Thai currency is expected to move between 31.08 and 31.28. On Monday night, the markets turned positive due to technology stocks. The S&P 500 and Stoxx Europe 600 rose by 0.3 per cent, near the highest point before the Covid-19 crisis. […]
Thailand Baht: USD/THB (THB) Exports Rose, No New COVID-19 Cases A key trade group sees a potentially healthier export picture after shipments rose for a second straight month in April, driven by farm products and gold. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said the April surprise signals that full-year exports might shrink […]
Thailand Baht: USD/THB (THB) Bank of Thailand cuts policy rate to record low The Bank of Thailand policy committee cut the benchmark interest rate by 25bps to a record low of 0.5%, backed by a 4-3 vote. The central bank maintained a cautious tone on the growth outlook, expecting a slower turnaround from the external […]