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BOT holds off on short-term bonds due to a stronger baht

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22 hours ago, Naam said:

the reduced issuance of short term bonds has no impact on Chinese buying of any other Thai assets.

“The BOT had taken similar actions in the year 2017. This is a means of reducing capital inflows into the country,” the research centre said.

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  • Good, I hope they keep up the currency manipulation because eventually if they keep it up long enough the Thai economy will collapse AGAIN and the US dollar will skyrocket. The USD isn’t even doing th

  • marcusarelus
    marcusarelus

    What is the Thai government doing to manipulate currency and what sources say the Thai baht is not strong?  

  • Mavideol
    Mavideol

    you bet, if they don't do so, the chinese will buy everything

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10 minutes ago, Mavideol said:
22 hours ago, Naam said:

the reduced issuance of short term bonds has no impact on Chinese buying of any other Thai assets.

“The BOT had taken similar actions in the year 2017. This is a means of reducing capital inflows into the country,” the research centre said.

the reduced issuance of short term bonds has no impact on Chinese buying of any other Thai assets.

5 minutes ago, Naam said:

the reduced issuance of short term bonds has no impact on Chinese buying of any other Thai assets.

chinese used as "sarcasm' since they invest a lot in Thailand,  any other foreign country could have been named... but again no reason to waste too much time on such a dilemma

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