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Finance Minister vows more action if baht continues rapid appreciation
Finance Minister vows more action if baht continues rapid appreciation
THURSDAY, NOVEMBER 07, 2019
The baht on Thursday closed at Bt30.32 to the dollar in onshore trade, maintaining Wednesday’s level when the central bank cut its policy rate and issued key measures to rein in the rapid appreciation of the Thai currency.China takes the middle road in managing its capital flows
China takes the middle road in managing its capital flows
SUNDAY, MAY 15, 2016
For about six months from August of last year, the yuan was under heavy pressure with large amounts of capital flowing out of China. Local companies in China protected themselves by repaying foreign currency loans and investing in offshore assets, while n