AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Trend toward weaker baht may hurt long-term stability.
Sep. 9--The trend toward a weaker baht over the next several months could undermine economic stability, according to economist Virabongsa Ramangkura.
The former finance minister said rising inflation and high oil prices were expected to put pressure on the baht over the next several months.
This, in turn, could have implications for the current account and long-term stability, he said at an address yesterday marking the 25th anniversary of the Chulalongkorn University Economics Association.
The Thai baht is currently trading at around 40.9 to the US dollar, compared with around 38.8 at the beginning of the year.
Dr Virabongsa said ...
- Weaker baht blamed for Thai cement firm's plunge in profits.
- Newspaper article from: Knight Ridder/Tribune Business News October 14, 2004 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...45 million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...www.bangkokpost.com. (c) 2004, Bangkok Post, Thailand. Distributed by Knight Ridder...
- THAI DEPUTY PM PREFERS WEAKER BAHT TO SUPPORT EXPORTERS.
- News wire article from: AsiaPulse News June 9, 2009 700+ words
...appreciated against the U.S. dollar due to capital inflows to invest in the Thai stock market, Korbsak was quoted by the Bangkok Post's website as saying. Currently, the Thai baht was trading in a range of 34.00-34.50 a dollar, according to domestic...
- Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
- Newspaper article from: Knight Ridder/Tribune Business News August 15, 2002 700+ words
By Nikhil B. Srinivasan, Bangkok Post, Thailand Knight Ridder/Tribune Business News Aug. 15...in second-half export growth. It also means a marginally weaker baht which could have a mildly positive impact on exports. However...
- Analysis: Budget deficit, weaker baht justified.
- News wire article from: United Press International March 20, 2001 700+ words
...in order to maintain economic recovery and prevent recession from grabbing hold of the fragile economy. Additionally, a weaker baht is also prudent to maintain the strength of the export sector, Thailand's largest component of GDP, amid the global economic...
- THAI GOV'T TAKES BANGKOK POST TO COURT ON DEFAMATION CHARGES.
- News wire article from: AsiaPulse News August 16, 2005 700+ words
...continued to tighten the noose around the Bangkok Post's neck in what The Nation today described...government against the media." The Bangkok Post said today government-owned Airports...SET:POST) and the editor of the Bangkok Post, Kowit Sanandang, for alleged defamation...
- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News November 16, 2002 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...The company, which publishes the Bangkok Post, attributed the 16.6 percent gain...to Bangkok Bank. To see more of the Bangkok Post, or to subscribe to the newspaper...
- Bangkok Post, Thailand, Kriengsak Niratpattanasai column.
- Newspaper article from: Knight Ridder/Tribune Business News November 29, 2004 700+ words
By Kriengsak Niratpattanasai, Bangkok Post, Thailand Knight Ridder/Tribune Business...I read English newspapers like the Bangkok Post and The Nation online, and every Monday...coachkriengsak@yahoo.com. To see more of the Bangkok Post, or to subscribe to the newspaper...
- Bangkok Post, Thailand, Insider Column.
- Newspaper article from: Knight Ridder/Tribune Business News August 29, 2002 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...will be receiving with tomorrow's Bangkok Post. Shareholder Scorecard, produced in...bangkokpost.net To see more of the Bangkok Post, or to subscribe to the newspaper...