News Formal

Weak Thai baht good for exports, economy - Finance Minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

BANGKOK : Thailand's weak baht is good for exports and the overall economy, Finance Minister Arkhom Termpittayapaisith said on Friday, adding the baht depreciation will likely affect margins of importers and push up costs.The currency has been hovering at its weakest level in almost five years against the

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

I spent 2 months in Thailand since they opened up and i have saved nearly 50% of my personal expenses compared to staying in Singapore

And the more exports and the more manufacturing you can do here in Thailand, the sooner this great nation can be lifted out of poverty! Attract Foreign Direct Investment now! Japan did it, Taiwan did it, South Korea did it, China has done it in a big way. Now Thailand’s turn!

Weak? US Dollar is very strong these days - and to some extent THB followed USD up. I think that measured against a representative selection of currencies among Thailands trading partners THB is quite strong. Export to US may be doing better - but how about the world?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Thai finance ministry cuts 2022 GDP growth to 3.5%BANGKOK : Thailand's finance ministry on Wednesday reduced its 2022 economic growth forecast to 3.5 per cent from a previous forecast of 4.0 per cent, a ministry official said.However, the ministry expects exports will rise 6.0 per cent this year, up from the 3.6 per cent previously projected, Pornchai Th
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

UK finance minister Rishi Sunak cleared of ethics breach over wife's tax affairs
La source: STForeignDesk - 🏆 4. / 71 Lire la suite »

Japan Finance Minister expects BOJ to steer monetary policy appropriatelyTOKYO : Japanese finance minister Shunichi Suzuki said on Thursday he expected the Bank of Japan to conduct monetary policy appropriately, when asked about the view that the central bank's aggressive stimulus had helped drive down the yen.'Currencies move on various factors,' Suzuki told reporters, emphas
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

UK finance minister Sunak cleared of ethics breachLONDON: The British government\u0027s ethics advisor said on Wednesday (Apr 27) he had cleared embattled finance minister Rishi Sunak of breaching ministerial codes after investigating his family\u0027s tax affairs. The chancellor of the exchequer earlier this month asked the adviser on ministerial standards, Christ
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »