BANGKOK, 9 May 2011 (NNT) – The Thai baht is expected to move around 29.80-30.10 baht per US dollar while investors are asked to monitor the domestic political situation and measures by the Bank of Thailand (BoT) to stabilize the currency, according to Kasikorn Research Center (KResearch). KResearch reported that the Thai baht last week [...]
BANGKOK, 26 May 2010 (NNT) — The Thai baht has weakened as foreigners turned to the US currency following concerns of the Eurozone debt crisis and North and South Korea’s bitter relations, according to a Bank of Thailand (BoT) official. Stocks have experienced a huge sell-off as foreigners are pressurized by the weakening Thai currency. [...]
BANGKOK, 16 January 2010 (NNT) – The Kasikorn Research Center (KRC) has reported that the onshore Thai baht currency has edged higher against the US dollar to be near 32.80 THB/USD. The baht reached the highest level for the first time in 19 months, according to the research center. The appreciation was speculated to be [...]
BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency. Mr. Korn said the fewer amount of the US dollar currency had flown out of Thailand due to less imports from overseas markets. He added [...]
BANGKOK, 14 July 2009 (NNT) – The Thai Baht closed at 34.13-34.14 against the greenback, remaining stable from this morning. The Thai Baht traded in line with other currencies in regional markets, while the world currency such as the US dollar remained stable today. Investors still wait and see the announcement on performance of major [...]
BANGKOK, 3 July 2009 (NNT) – Thai local currency opened at 34.13-34.15 against the dollar, weaker than yesterday. The Baht traded slightly stronger at 9.24 am today to stand in the range of 34.11-34.13 against the dollar. Thai Baht is expected to fluctuate in a narrow range of 34.10-34.15 against the dollar today. The trade [...]
BANGKOK, 15 June 2009 (NNT) – The Thai baht closed at 34.18-34.21 against the US dollar after the market ended this afternoon. The value of Thai baht fluctuated in a narrow range all day, and hit the highest at 34.13 and the lowest at 34.22 against the dollar. Thai Baht in off-shore market closed at [...]
