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THAI BAHT RATE
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
- Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
- The rupee at record low will end India’s cheap-money eraElevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...
- Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushionThe Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait ...
- India export rice prices edge up on demand; global rates rise amid Middle East tensionsIndian rice export prices are climbing. A stronger rupee is pushing traders to increase their rates. Demand is also improving. Meanwhile, c...
- Thailand plans to introduce a tourist entry fee for air travellersThailand's new government will introduce a 300-baht entry fee for air travelers to boost tourism revenue, with plans for land and sea entry...
- Indian export rates steady as demand slows, Vietnamese and Thai rates fallIndian rice export prices remain steady this week. Demand is subdued. Vietnamese rice prices have eased due to less buying and increasing s...
- Thailand gets public support to offer new 'legal' thrill to Indian and global touristsThailand plans to legalise casinos within large entertainment complexes, aiming to create jobs, boost state revenue, and regulate undergrou...
- Thai baht faces worst day in 23 years as strong dollar pressures Asia FXOfficial data showed the economy expanded 5.31% in 2022, its best since 2013, and faster than the 5.29% expected in a Reuters poll. Among o...
- Investors trim bearish bets on yuan after Fed cut, stay wary of volatilityShort bets on the Thai baht also rose, after Bank of Thailand vowed to act following the Fed’s cut.
- Rupee trades higher against US DollarThe domestic currency had slipped 28 paise to 66.47 against the greenback in the previous session on fresh month-end dollar demand from imp...
- SE Asia Stocks-Most up; Thai funds lift large capsThai SET index was up 0.8 percent at 1,395.49.
- Rupee trades lower against US dollarThe dollar index, which tracks the movement of dollar against a basket of six major world currencies, rose 0.1 per cent to 96.96.
- Rubber climbs on hopes of China stimulusRubber advanced, reversing earlier losses after Chinese policy makers pledged new spending, boosting speculation that demand from the world...
- Thai economy back in recession: official dataThailand's economy has slipped back into recession, government data showed on Monday.
- Biggest Thai money manager to start $247-mn Indian bond fundKasikorn Asset Management, Thailand’s biggest money manager, plans to raise as much as 8 billion baht ($247 million) selling the nation’s f...
- Asian currencies mostly up against greenbackAsian currencies were mostly up against the struggling US dollar amid ongoing concerns about the poor health of the US economy and credit m...
- Storm clouds from Asia still threateningStorm clouds massing over the Western Pacific and headed our way carried unusually high uncertainty about the future.
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