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Thailand: Weaker dollar, gold sell offs strengthen baht

The baht opened at 33.19 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.30. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen because the dollar weaken and the gold-selling. Investors might be […]

More Thais getting smarter with their money, BOT survey shows

A survey on the Thai population’s financial skills last year shows that more people are now either saving or investing their money. The Bank of Thailand (BOT) said on Thursday that 71 per cent of Thais show their financial skills have improved compared to 66.2 per cent in 2018. The central bank collaborated with the […]

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Thailand: Weaker dollar, gold sell offs strengthen baht

More Thais getting smarter with their money, BOT survey shows