Biz-Day.com - dedicated to quality business news in English!
Test drive a BMW today!
Bank & Finance
23 Oct 07 19:18
Thailand should borrow soft US dollars from abroad, says minister
TNA
BANGKOK, Oct 23 - The Thai government as well as the business community should borrow more US dollars from overseas while the American currency is softening, Thailand's Deputy Finance Minister Sommai Phasee said Tuesday.

At a time when some governments and businesses are divesting their dollar holdings, Mr. Sommai's recommendations provide food for thought.

Borrowing greenbacks could also help in refinancing debts, according to the deputy finance minister, adding that Thailand still...
Log in to read the rest of this article.            Forgot password?
Username   Password    

Not registered yet?? 
Make a two-minutes free registration and get access to all material, stock info and more!
User comments
Please log in to post comments
View latest comments

Front Page   Printer-friendly version   Mail to friend
Search:
The Insighter
Thai stocks have rallied, SET at 810. It is...
...going further! Buy!
...where it should be.
...unsustainable! Sell!
Index
Webservice
Page generated in: 0.1400 secs