Thai Central Bank Renews Case to Limit $14 Billion Cash Stimulus

Thailand’s central bank remains firm in its opposition to a government plan to give nearly $14 billion in cash to almost all its adult citizens to revitalize consumption activity, saying the prudent thing would be to limit assistance to the needy.

BNN BloombergJun 19 00:22 ET

Thai Central Bank Chief Warns Against Tweaking Inflation Target

Thailand’s central bank governor pushed back further against a government suggestion to raise the monetary authority’s inflation target, spelling out the risks of such a move to Southeast Asia’s second-largest economy.

BNN BloombergJun 18 00:07 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.

RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.

Gelonghui FinanceJun 14 05:16 ET

Bank of Thailand Holds Rates Despite Modest Inflation

Despite modest inflation, the Bank of Thailand voted to keep its key interest unchanged at 2.50%, the central bank disclosed Wednesday.

MT NewswiresJun 13 04:17 ET

Bank of Thailand Rate Cut This Year Seems off the Table -- Market Talk

A Bank of Thailand rate cut this year seems to be off the table for UOB economists, who scrap their call for easing to start in 2024.

WSJJun 13 02:27 ET