Daily Archives: November 25, 2020

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UPDATE 1-Thai central bank concerned about baht leap, but no pressing need for QE LONDON, Nov 24 (Reuters) – Thailand’s central bank governor said on Tuesday the speedy rise of the country’s baht currency was causing concern, but played down the chance of launching unconventional measures such as mass bond purchases any time soon. Thailand’s…

Bank of Thailand steps in to curb recent baht strength

BankingBy bkp November 25, 2020

Bank of Thailand steps in to curb recent baht strength Bank of Thailand accelerates measures to advance the development of the new Thai FX Ecosystem and to limit excessive currency volatilities In a press release published on the 20th of November, the central bank’s Monetary Policy Committee (MPC) has expressed concerns over the rapid appreciation…