Browsing Tag
dollar
16 posts
Bank of Thailand Governor: towards a multi-polar currency system
Bank of Thailand Governor Prasarn Trairatvorakul focus on the three problematic issues facing emerging market economies and the current international monetary system, and how we may think of what needs to be done to put our international monetary system on a more sustainable path.
Dollar rises on Portugal worry and Britain growth prospect
The U.S. dollar rose against major currencies in late New York trading on Wednesday as Portugal’ s austerity plan might be rejected and Britain cut its economic growth prospect in 2011 and 2012. It is widely expected that the austerity plan raised by the minority Portuguese government could not be passed in a vote later on Wednesday in the parliament
Thai Baht: what can stop it from raising ?
The belief that the baht will continue to rise is not far-fetched when viewed within the broader context in which the central banks of the G3 key reserve currencies – US dollar, euro and yen – are committed to near zero interest rates and quantitative easing.
