Tag: baht

XTransfer is the first foreign company granted a NRQC status by the Bank of Thailand, signifying a milestone in cross-border e-commerce settlement both for Thai and Chinese vendors and buyers.

The UK’s surprise decision to leave the European Union sparked panic, but FX experts CT talked to think things are returning to business as usual.

Thailand and Malaysia hope to promote the use of baht and rinngit in trade between the two nations, in a move that might mitigate FX risk.

The country has given a lot more flexibility to treasury centres, and thrown in some trade and tax perks to boot

As Asia-Pacific's great cities compete to offer treasury incentives, government engagement might win some favour for your company.

Keen to appease treasurers, the Bank of Thailand plans to relax foreign exchange regulations to make the country more attractive for setting up corporate treasury centres.

The Bank of Thailand is rolling out a series of FX liberalisations, including a push for corporate treasury centres, Thai baht lending programmes for foreign corporates, and market allowances for new risk management products.

Siam Cement Group, Thailand’s second largest company and a bellwether for the country’s growth, is plotting the creation of a regional treasury, possibly in Singapore.

Thai Airways switched from operating in US dollars backed with FX hedging to a natural hedge strategy, but the plunging baht has called the decision into question.

Is Thailand’s currency appropriately valued considering the huge upheaval in the country in recent months? CT asks the experts.

The Thai currency has been dented by a flurry of baht selling from offshore funds and onshore investors concerned about continuing anti-government protests.

Asian currencies recently fell on news the US Federal Reserve could slow the pace of its monetary stimulus later this year. Could these concerns pose prolonged risk to the Asian currencies? CT asks the experts.