Straits Times Index
3,246.51 -26.97 (-0.82%) Nikkei
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21,143.61 -1,642.73 (-7.21%) CMC Crypto 200
504.88 -36.72 (-6.78%)
THB/USD (THBUSD=X)
| Previous close | 0.0281 |
| Open | 0.0280 |
| Bid | 0.0280 |
| Day's range | 0.0280 - 0.0280 |
| 52-week range | 0.0271 - 0.0312 |
| Ask | 0.0279 |
- Reuters SG
EMERGING MARKETS-Asian FX subdued on recession fears, Thai baht gains on H2 growth outlook
* Most Asian FX down on renewed global recession worries * S. Korean won falls 0.6%, but Thai baht firms 0.4% * Safe-haven bid props up dollar after China, U.S. data disappoints By Indranil Sarkar Aug 16 (Reuters) - Most Asian currencies weakened on Tuesday, a day after grim data from the world's two biggest economies reignited worries about a global recession, while the Thai bhat advanced after the country's central bank forecast a rebound in second-half growth. The Indonesian rupiah, Malaysian ringgit and the Taiwan dollar weakened between 0.1% and 0.2% against the U.S. dollar, which hovered near a one-week high on safe-haven demand. "Asian markets may range trade today as investors continue to digest the recent soft economic data coming out from both China and the U.S., and their implications for policy stimulus," analysts at OCBC Bank wrote.
- Reuters SG
EMERGING MARKETS-Asian FX wobbles on recession fears, Thai baht firms on H2 growth outlook
* Most Asian FX down on renewed global recession worries * S. Korean won falls 0.6%, but Thai baht firms 0.4% * Safe-haven bid props up dollar after China, U.S. data disappoints By Indranil Sarkar Aug 16 (Reuters) - Most Asian currencies weakened on Tuesday a day after grim data from the world's two biggest economies reignited worries about a global recession, while the Thai bhat advanced after the nation's central bank forecast a rebound in second half growth. The Indonesian rupiah, Malaysian ringgit, Philippines peso and the Taiwan dollar weakened between 0.1% and 0.2% against the U.S. dollar, which hovered near a one-week high on safe-haven demand. "Asian markets may range trade today as investors continue to digest the recent soft economic data coming out from both China and the U.S., and their implications for policy stimulus," analysts at OCBC Bank wrote.
- Reuters SG
EMERGING MARKETS-Most Asian FX slip, Thai baht weakens after c.bank hikes rate
* Bank of Thailand raises rate for first time in nearly 4 years * Baht extends losses, Thai shares fall * Malaysia shares fall ahead of GDP data on Friday * Markets await U.S. inflation data By Sameer Manekar and Archishma Iyer Aug 10 (Reuters) - Most Asian currencies were tepid on Wednesday, with the Thai baht weakening 0.5% after the country's central bank hiked its key policy rate by 25 basis points, kick-starting its monetary tightening cycle. The Indonesian rupiah, Philippines peso, South Korea's won, and Singapore dollar down between 0.1% and 0.4% against the greenback. The move by the Bank of Thailand (BoT) marks its first rate hike in nearly four years, and makes it one of the last central banks in the region to tighten its pandemic-era policy as it prioritised economic growth over headwinds from inflation.
