Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts to curb the baht’s gains may finally be taking hold.
Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new ...
On its current trajectory, the Thai baht is expected to record its biggest annual gain in six years against the US dollar, creating a headache for newly appointed Prime Minister Anutin Charnvirakul’s ...
The Thai government is considering imposing a tax on physical gold trading to slow the rally of the baht, which has threatened the country's exports and tourism. The Bank of Thailand and the Ministry ...
The Bank of Thailand and the Ministry of Finance are discussing ways to address currency moves that are not aligned with fundamental factors, including the impact of gold prices, according to a deputy ...
(Bloomberg) -- Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to protect it as tariff risks and interest-rate cuts start to ...
BANGKOK (Reuters) - Thailand's central bank is considering a tax on gold trading as well as other measures to stabilise the soaring baht, its governor said on Tuesday, as the currency hit a four-year ...
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