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CCY - CCY Delayed Price. Currency in THB
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  • Reuters SG

    EMERGING MARKETS-Thai baht hits 13-month low on dovish cenbank, growth worries

    The Thai baht slid to its lowest in more than a year on Wednesday after the country's central bank promised to keep monetary policy loose and slashed its 2021 economic growth forecast, citing a hit to its tourism sector. The Bank of Thailand held interest rates steady at 0.5% and lowered growth forecasts for this year to 1.8%, versus the previous 3%, as Southeast Asia's second-largest economy reels from coronavirus-linked restrictions that have ravaged tourism. "The poor prospects for the economy mean that monetary policy will need to remain loose for a long time to come... the tourism sector remains on its knees," Gareth Leather, senior Asia economist at Capital Economics told clients.

  • Getlink Sets Out Its 2025 Environmental Plan
    Business Wire

    Getlink Sets Out Its 2025 Environmental Plan

    PARIS, Jun 21, 2021--Regulatory News: Getlink (Paris:GET), a leader in low-carbon transport, has set out its new 2025 action plan to meet environmental challenges. A 30% reduction in direct CO21 emissions by 2025, an environmental strategy in line with the Paris Agreement 2°C trajectory, a commitment to protecting the natural environment, controlling waste and the circular economy through the Group’s ecosystem: Getlink takes on the responsibility and ambition to accelerate sustainable transport

  • Peso May Seal Lead Over Baht as Philippine Trade Deficit Shrinks
    Bloomberg

    Peso May Seal Lead Over Baht as Philippine Trade Deficit Shrinks

    The Philippine peso and the Thai baht offer a tale of contrasting fortunes, with one faring better than the other against a strong dollar.