THE baht is set to extend its rally as the Chinese reopening buoys the outlook for tourist arrivals, helping propel Thailand’s growth this year to the highest in five years, according to the nation’s Finance Ministry.
THE Bank of Japan (BOJ) said on Friday (Jan 27) it will extend five-year loans against collateral to financial institutions, the second time it has made such an offer after ramping up the funds-supply operation this month to defend its yield control policy.
BACK-to-back interest-rate increases of 50 basis points are approaching from the European Central Bank (ECB), whose battle with persistent inflation will see it hike borrowing costs until May, according to a survey of economists.
