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Thailand: BoT allays concerns over currency manipulation

The Bank of Thailand affirms that it has not manipulated the baht through foreign exchange intervention to gain a trade advantage. Thailand’s central bank continues to inform and talk with the US Treasury Department about global capital movement and Thailand’s current account surplus, said Chantavarn Sucharitakul, assistant governor for the communications and corporate relations group. […]

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Singapore: Emerging economies face risk of ‘submerging’

SINGAPORE: Emerging economies could see the gains they’ve made over recent decades unravel, with economic, social and political consequences for the rest of the world, according to a senior Singaporean official. The warning from Senior Minister Tharman Shanmugaratnam, who is also economic adviser to Singapore’s prime minister, comes as the coronavirus pandemic has sent the […]

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