[SINGAPORE] Trading in the Thai baht is set to restart after the holiday break with the central bank facing a fresh battle to contain the currency's strength.
[SINGAPORE] The Thai baht's heady gains are petering out, thanks to slowing growth and a central bank that's bent on taming the currency's strength.
[BANGKOK] Thailand's central bank is still concerned about the rapid strengthening of the baht, and has steadily taken action to prevent the currency from rising too fast, the governor said.
[BANGKOK] The Bank of Thailand is considering imposing additional measures to rein in the currency amid further gains in the baht to a six-year high and worries about economic growth.
[BANGKOK] A strong Thai baht and a slowdown in arrivals from China are battering the kingdom's moneymaking tourism machine even as the country hopes to welcome a record 40 million visitors by the...
THAILAND'S central bank knocked the baht from its perch, but the weakness could be short-lived, according to the currency's top forecasters.
[BANGKOK] Thailand's real interest rates are low compared with those of its regional peers, so cutting the benchmark rate may not have much impact, the central bank said on Wednesday.
[BANGKOK] Thailand is set to increase minimum wages for a second straight year as it looks to attract workers amid an aging population and shortage of labour in key industries.