Thursday, 30 June 2016

Currencies

  • Outbound tour vendors hold breath

    12:11 | 30/6/16
    Bangkok Post
    The stronger yen against the Thai baht has already affected many tour agents because they sold package tours without using currency hedging. more»
  • Taiwan flies on

    12:00 | 30/6/16
    Bangkok Post
    "Also important is the fact that the rate of the Taiwanese dollar is pretty much the same as the Thai baht. This makes it easy when you go shopping or pay for services. more»
  • Pheu Thai says B600m spent on UN bid |

    10:07 | 30/6/16
    Bangkok Post
    The Pheu Thai Party claimed Wednesday the country spent more than 600 million baht in a campaign leading up to Thailand's defeat in the race for a non-permanent seat on the United Nations Security Council (UNSC). Deputy Prime Minister Prawit ... more»
 
 
 
 
Recent News
  • The Australian dollar is climbing higher

    10:07 | 30/6/16
    Business Insider Australia
    The Australian dollar continued to climb higher in overnight trade, supported by near-euphoric levels of buying across US and European stocks and another surge in crude oil. more»
  • Thai governments are failing our farmers |

    09:45 | 30/6/16
    Bangkok Post
    More recently, the cabinet on June 21 decided to revitalise the rural economy with another 45 billion baht in the form of aid schemes, subsidies and soft loans, in an attempt to assist farmers who are feeling the pinch of the worst drought in a decade ... more»
  • Gareth Bale confident Wales can win Euro 2016 as they look to cement status as ...

    09:22 | 30/6/16
    Telegraph.co.uk
    Those results include a draw and a win during qualifying for Euro 2016, using a tactical system that has stopped the likes of Eden Hazard, Kevin De Bruyne and Romelu Lukaku from scoring against them for 206 minutes. more»
  • NZ dollar pushes above 71 US cents

    09:22 | 30/6/16
    NEWS.com.au
    In New Zealand, building consent data for May is released as is the ANZ business confidence survey for June. The New Zealand dollar declined to 95.48 Australian cents from 95.60 cents, and slid to 52.88 British pence from 53.09 pence. The local ... more»
  • Australian dollar sharply higher as investors balance books

    09:22 | 30/6/16
    The Australian
    Ms Lien said investors' moves to buy other currencies had boosted the Aussie dollar. She tipped the quarter-end flows will eventually fade, but noted the impact of investor sentiment, even if it is rational. more»
  • Fire in residential complex in Dhaka

    09:11 | 30/6/16
    Gulf Times
    A fire engulfed parts of a high-rise residential complex in Bangladesh capital Dhaka yesterday. According to an eyewitness, at least two buildings of ... The extent of damage in the fire is more than 20mn taka,” he said. Jashim Uddin, deputy assistant ... more»
  • 'Bangladeshis paid $1.10bn in bribes'

    09:00 | 30/6/16
    Gulf Times
    The survey reveals that about 78% of people have to pay bribe for service at the passports department, followed by 75% at law enforcement agencies, 61% at education sector, about 60% at the Bangladesh Road Transport Authority (BRTA), about 53% at the ... more»
  • Your Euro 2016 quarterfinalists as Game of Thrones houses

    08:48 | 30/6/16
    FOXSports.com
    Like fictional epic fantasy drama Game of Thrones, Euro 2016 is an all-out contest between factions whose histories go back hundreds and hundreds of years. more»
  • The Pound is Why Britain Will Survive Brexit

    08:15 | 30/6/16
    Money Magazine
    The Stoxx Europe 600 is up almost 3%, after a few disastrous days, while London's FTSE gained 4% after dropping nearly 6%. Both the euro and the British pound have weakened against the dollar over the past week, with the sterling dropping 8.3%. more»
  • Brexit could mean long-term gain for Gulf, analysts say

    07:52 | 30/6/16
    Al-Arabiya
    In the wake of the Brexit vote, some UAE exchange houses began warning of a critical shortage of sterling after residents snapped up the bargain currency with dollar-pegged dirhams. Bikhazi, the Kuwaiti economist, believes that the UK should remain a ... more»
  • USD/INR - Rajan's Legacy And The Future Of The Indian Rupee

    07:30 | 30/6/16
    Seeking Alpha
    Raghuram Rajan recently confirmed his exit from the helm of India's central bank. Although markets dreaded the news, both in India as well as globally, the Indian rupee and stock market has shown remarkable resilience so far. Rajan's zeal to fight ... more»
  • LatAm primary bond market moves into high-gear amid risk-on bid

    06:22 | 30/6/16
    Reuters
    The Dominican Republic launched a US$500m tap of its 6.875% 2026s, while Argentine confectionary company Arcor, the Province of Salta, and Brazilian beef name Marfrig were also tapping the primary market on Wednesday. more»