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Thai Ministry of Finance, central bank keeping eye on baht gains
The Thai baht has kept surging and the exchange rate is expected to surpass 30 baht/U.S. dollar this year. Thai Prime Minister and Defense Minister Prayut Chan-o-cha said that the government has been engaged in discussions on the issue with the Bank of Thailand (BOT)
IMF report proves U.S. claim groundless: experts
The International Monetary Fund's (IMF's) latest report added evidence that the U.S. labeling of China as a "currency manipulator" is groundless, experts said.
Economists expect stable yuan in long run despite recent slip
Economists said the Chinese yuan's recent slip below the 7 mark against the U.S. dollar was overstated, and they remained optimistic that the currency will stabilize in the long run rather than depreciate sharply.
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