SUBSCRIBERS
Baht's strength hampers Thai drive for export-led growth
Rising forex reserves a sign that government has been selling baht to stem gains
Published Mon, Mar 6, 2017 · 09:50 PM
Bangkok
THAILAND'S popularity among bond investors is creating a headache for policy makers counting on exports and tourism to drive growth.
Some US$2.1 billion of foreign money has flowed into the nation's debt this year, making it the top destination among South-east Asia's emerging markets.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Basel Committee adds climate risks to banking supervision standards
Crypto firm sues SEC to fend off oversight of Ethereum
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
S&P Global first-quarter profit beats estimates on strong product demand
Thai banks cut rate for some borrowers after push from PM
Money laundering accused who faces 22 charges to plead guilty on May 14