by Teuvo Tuomi | Mar 15, 2025 | Economy, Investment, News, Reports, Thailand
Strategists warn that a boost from gold prices won’t be enough to protect Thai baht as tariff risks and interest-rate cuts start to bite. The baht is up around 1.2% against the dollar this year, more than double the gain of other main Asian currencies. A key reason is...
by VF | Jul 22, 2022 | Linkss, Asia, Business, Economy, News
After having a tight monetary policy for a year, Asian central banks are suddenly forced to rethink their monetary policy in order to tackle rising inflation and defend weakening currencies. Singapore and the Philippines surprised markets with unscheduled tightening...
by VF | Jun 28, 2022 | Linkss, Asia, Business, Economy, News
Central banks in Asia are tapping into their stockpiles to bolster their weakening currencies against the rising US dollar. Thai reserves have slid to $221 billion as of mid-June. That is the lowest in more than two years. Monthly figures show that Indonesia’s stash...
