As gold prices soar to unprecedented levels, reaching over 61,000 baht per baht-weight, more Thais are turning to 100% ...
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 ...
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 bite. The baht ...
PHNOM PENH (Bloomberg): An unusual surge in Thai gold exports to neighboring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fueling a rally in the baht, which ...
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.
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Why the Thai Baht Is Defying Economic Gravity
(Bloomberg) -- 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 ...
(Bloomberg) -- Thailand’s central bank said a gold tax is among measures under consideration to temper the baht’s gains, a day after Prime Minister Anutin Charnvirakul pledged to “urgently fix” the ...
(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 ...
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