Tag: Pongpen Ruengvirayudh
Foreign reserves stocked up to prepare for baht uncertainty
The Bank of Thailand (BoT) has predicted volatility in the money market due to the ongoing risk from the US extension of its debt...
Central bank outlines 3 factors leading to weakened baht
BANGKOK, June 5 – The United States’ application of the minimised quantitative easing (QE) programme, China’s economic slowdown and the Thai Finance Ministry’s foreign...
Thai central bank to soon allow retail stock investors to make...
BANGKOK, 8 March 2013 The central bank will soon give a green light to retail investors to make their own investment in foreign stocks...
BoT assures baht movement now more in balance
BANGKOK, 8 March 2013 The Bank of Thailand (BoT) reports that the movement of the baht is now more balanced while assuring a...
More money into Asia, Thai currency to strengthen from QE3+
PRACHUAB KIRIKHAN, Dec 16 – A new round of money to be released by the US into the global economy as part of...
BOT confident Thai baht movement under control
BANGKOK, 10 March 2012 – The Thai central bank is confident that the baht movement so far has been acceptable even though it...
BoT offers soft loans to financial institutions to help flood victims
BANGKOK, 17 February 2012 - The Bank of Thailand is offering low-interest loans or soft loans to financial institutions in order for them...
BoT against using reserves for oil investment
BANGKOK, 18 August 2011 – The Bank of Thailand (BoT) is against the idea of the government to use international reserves in order...
BoT: Baht fluctuates due to election and world economy
BANGKOK, 26 June 2011 - The Bank of Thailand (BoT) indicated three factors contributed to heavy fluctuation of the baht, including the global...
Capital inflow causes baht appreciation
BANGKOK, 22 April 2011 – The current capital influx is considered as one of the main factors causing a stronger baht; however, the...