The Business Times
business-time-50

Thai baht more volatile than its peers: central bank chief

google-preferred-sourceAdd BT as a preferred source
Published Sat, Oct 28, 2023 · 11:14 AM
    • Central bank governor Sethaput Suthiwartnarueput says global risks have increased and the Middle East problems are a concern.
    • Central bank governor Sethaput Suthiwartnarueput says global risks have increased and the Middle East problems are a concern. PHOTO: REUTERS

    THAILAND’S baht currency has been more volatile than its peers due to capital outflows from the South-east Asian country, the central bank governor said on Saturday (Oct 28).

    Global risks have increased and the Middle East problems are a concern, Sethaput Suthiwartnarueput told reporters. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    baht

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

    E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

    With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More