government has put restrictions on currency trading with other countries to limit currency speculation. Offshore banks (banks outside Thailand) cannot exchange THB with foreign currency. They must instead exchange for the Thai Offshore Baht (THO). The offshore Baht is taxed by the Thai government...
1031 GMT - The sterling-dollar exchange rate's recent performance appears driven by the dollar's behavior rather than U.K. and U.S yield spreads, Unicredit Research says. "Correlation analysis suggests that GBP/USD has some margin for recovery, if the USD loses further ground across t...
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