AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-120295336/negative-sentiment-leads-slide.html" title="Facts and information about Negative Sentiment Leads to Slide in Baht in Thailand.">Negative Sentiment Leads to Slide in Baht in Thailand.</a>
Close
Set up an RSS feed that alerts you when new articles from Bangkok Post (Bangkok, Thailand) are available.
Frequently asked questions about RSS feeds
Negative Sentiment Leads to Slide in Baht in Thailand.
Byline: Darana Chudasri
Aug. 2--The conflict between the prime minister and the central bank governor on how to manage the baht under the managed float system has resulted in confusion among dealers in the foreign exchange market.
Trading volume in the forex market remained thin yesterday, following the trend established the previous day, with the baht moving between 41.82 to 42.10 baht to the US dollar.
A dealer said that, after the prime minister took the central bank to task for allowing excessive volatility, a survey of off-shore currency traders conducted by Idea Global, a foreign research house, indicated confusion about Thailand's foreign ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Foreign exchange gains help TG's 4.79 billion baht profit.
- News wire article from: Asia Africa Intelligence Wire May 19, 2003 700+ words
...expectation of about 4.4 billion baht," Vack Somchit, airline...airline managed to get higher foreign exchange gains. Thai Airways during the quarter recorded a foreign exchange gain of 624 million baht, which was nearly twice...
- Bank of Thailand Eases Foreign-Exchange Rules for Baht Bond Issuers.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 17, 2004 700+ words
...Bank of Thailand has eased foreign-exchange rules for international agencies seeking to issue baht-denominated bonds in the...the bonds in non-resident baht accounts beyond the regulatory limit of 300 million baht imposed in October last year...
- Thailand: Central bank governor says foreign exchange value of baht stable.
- News wire article from: Thai Press Reports November 2, 2006 700+ words
...the past week to reduce baht volatility. Songpol Chevapanyaroj...said on October 30 that the baht would appreciate more than...said so far this year, the baht had appreciated 4 per cent...and exporters to hedge for foreign-exchange risk.
- Thailand: bankers expect baht foreign exchange rate to remain volatile.
- News wire article from: Thai Press Reports May 14, 2009 700+ words
...bankers. Over recent weeks, the baht has gained against the greenback...the local stock market. The baht on May 13 traded at 34.48...down concerns that a stronger baht would significantly hurt Thai...the global economy. A higher foreign-exchange risk for businesses would also...
- Thailand: Central bank tackles difficult issue of baht's foreign exchange rate...
- News wire article from: Thai Press Reports June 22, 2009 700+ words
...look at relative costs of a weak or strong baht, the Bangkok Post reports. Governments...first stimulus package, worth 117 billion baht, was mostly aimed at easing the pain of...utilities subsidies for the poor, a 2,000-baht cash handout to workers earning less than...
- Thailand: Central bank chief says current baht foreign exchange rate suitable...
- News wire article from: Thai Press Reports March 27, 2006 700+ words
...General News - The current level of the baht is appropriate for Thailand's exports...Thanong Bidaya on Tuesday that a suitable baht value would be between Bt39.50 and Bt40.50 per US dollar. The baht had appreciated against the dollar to Bt38...
- Thailand: Importers hedge against foreign exchange risks as baht gains strength.
- News wire article from: Thai Press Reports April 5, 2006 700+ words
...investment (FDI) of $1.72 billion. The baht's appreciation, however, forced importers...especially importers, thought that the baht was too strong. They bought the currencies...the cost of imports," Methee said. The baht averaged 39.62 against the greenback...
- Thailand: Commerce and finance ministers to meet to discuss rising foreign...
- News wire article from: Thai Press Reports December 6, 2006 700+ words
...local firms deal with the strength of the baht, which hit a fresh eight-year high last...dollar value of their exports. The strong baht is not all bad for the country, as it...tighten its restrictions on the supply of baht available to speculators, as it warned...
- Thailand: Phang Nga's mangosteen brings in around 17 million baht of foreign...
- News wire article from: Asia Africa Intelligence Wire July 20, 2005 700+ words
(From Thai Press Reports) Section: Business News - Phang Nga's mangosteen earned around 17.7 million baht export value from China, Hong Kong and Taiwan, accounting for around 1,000 tons. According to Phang Nga's Provincial Agricultural...
- Thailand: Bank of Thailand urges banks to adjust their net foreign exchange...
- News wire article from: Thai Press Reports March 29, 2007 700+ words
...the dollar. The baht had stabilised...about the banks' foreign exchange position adjustment. However, the baht is likely to appreciate...depreciate the baht. But in the short...measure (banks foreign exchange position adjustment...
Source: HighBeam Research, Negative Sentiment Leads to Slide in Baht in Thailand.