Connect with us

Currencies

Thailand attracted $13Bln in foreign investment in 2016

Thailand is a stand out emerging market this year, despite the prolonged political uncertainty. It’s attracted $13B in foreign investment, second only to South Korea in emerging Asia economies, according to a news report by Bloomberg.

Avatar

Published

on

Thailand is a stand out emerging market this year, despite the prolonged political uncertainty.

It’s attracted $13B in foreign investment, second only to South Korea in emerging Asia economies.

Bloomberg’s Haslinda Amin reports on “Daybreak Asia.” (Source: Bloomberg).

Since the beginning of 2016, the US dollar is down almost 4% against the Thai baht.

dollar-bath-2016

Since the beginning of 2016, the US dollar is down almost 4% against the Thai baht.

Comments

Banking

Fitch confirms Thailand’s rating at ‘BBB+’ with a Stable Outlook

Thailand’s ratings are supported by strong public and external finances, which have provided buffers to respond to the economic shock and market volatility associated with the coronavirus pandemic.

Bahar Karaman

Published

on

Fitch Ratings – Hong Kong – 29 Oct 2020: Fitch Ratings has affirmed Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook.

(more…)
Continue Reading

Currencies

Asian currencies slip as U.S. jobs data bolsters dollar

Reuters

Published

on

By

Asian currencies faltered on Monday, as a rebound in U.S. payrolls data supported the greenback, offsetting optimism of a Sino-U.S. trade deal and further China policy stimulus.

(more…)
Continue Reading

Currencies

Most Asian currencies rise as trade war reports boost risk appetites

The Thai baht was largely flat against the dollar

Reuters

Published

on

By

Most Asian currencies firmed on Wednesday as reports of headway in Sino-U.S. trade talks and easing U.S. bond yields prompted buying of regional risk assets.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,634 other subscribers

Trending