Browsing Tag

forex

9 posts

Part-time Forex trading as a way to get additional income

Therefore, we have collected the main tips that will help you become a successful part-time trader.
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Is an ASEAN currency crisis looming?

Global total debt hit US$247 trillion in the first quarter of 2018. These are unprecedented numbers and the associated risks are high.
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Stronger baht hits a 31-month high

The baht has risen 9.9% this year to 32.50 baht per US dollar, hitting a 31-month high

Thailand to Cope with stonger Baht

Finance Minister and Deputy Prime Minister Kittiratt Na-Ranong acknowledged that the strengthening of the baht in the long term is a new challenge for the tourism industry in Thailand
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China’s foreign exchange reserves top 3 trillion USD

China’s foreign exchange reserves exceeded the mark of 3 trillion U.S. dollars for the first time at the end of March 2011, representing an increase of 24 percent from a year earlier and maintaining its top position around the world, according to data released by the central bank on April 14

Exporters, overseas investors to be biggest beneficiaries of new forex rules

The private sector yesterday welcomed the Bank of Thailand’s loosening of foreign-exchange controls.

The Bank of Thailand lifts overseas investment ceiling to $50 billion

The Bank of Thailand has lifted the outstanding value of combined overseas investment from US$30 billion to $50 billion, as part of its move to counter greater currency volatility. Companies could expand abroad more easily with the relaxed forex rules, while exporters could hedge their currency risks more effectively.

Korn backs forex-liberalisation plan

Finance Minister Korn Chatikavanij supports the Bank of Thailand’s plan to further liberalise the foreign-exchange market, saying it would help keep the baht at a competitive level.