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Somkid moves to calm currency fears "The Bank of Thailand is responsible for keeping the currency stable, but there has been no intervention," Mr Somkid said. "The baht is moving in line with market forces, while the stock market has improved thanks to fund inflows as investors consider the currency a safe haven. Weakening the baht is not ...
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Bank halts crypto-currency plans over stability fears Today (4 January) the Bank of England told FTAdviser that it continues to research the topic of crypto-currencies like bitcoin, but any plans to launch its own digital currency were dropped amid concerns about the impact on the traditional banks. If the central bank launched a digital currency of its own, ...
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SBI to consider raising $2 billion via foreign currency bonds In calendar year 2017, the SBI's London branch did two foreign currency bond issues. According to SBI's exchange filing, it did a tap issue of its existing floating rate bonds in April to raise $100 million, taking the total size of the issue to $600 million. The bank priced the three-year paper at a coupon of 95 ...
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