Straits Times Index
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USD/THB (THB=X)
| Previous close | 32.9100 |
| Open | 32.9100 |
| Bid | 32.9420 |
| Day's range | 32.7150 - 32.9500 |
| 52-week range | 29.2000 - 32.9800 |
| Ask | 32.9680 |
- Reuters SG
EMERGING MARKETS-Thai baht, Indonesian rupiah stuck at lows as virus bites
* Thailand reports third straight day of record virus deaths * Philippine peso strengthens from about 11-month lows * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Asian stock markets: https://tmsnrt.rs/2zpUAr4 By Soumyajit Saha July 2 (Reuters) - Thailand's baht hit a fresh 13-month low on Friday, while Indonesia's rupiah was rooted to a more than two-month low, weighed down by a surge in local coronavirus cases and a strengthening U.S. dollar. The baht weakened as much as 0.3% as Thailand reported a third straight day of record coronavirus deaths despite new curbs in parts of the country. "Tighter restrictions in Thailand continue proving to be a headwind, and we're now seeing foreign investors selling out of Thai assets," said Khoon Goh, head of Asia research at ANZ Banking Group (Singapore).
- 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.
- 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
