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Thailand mulls reining in baht as it hits 6-year high

Bloomberg The Bank of Thailand is considering imposing additional measures to rein in the currency amid further gains in the baht to a six-year high and worries about economic growth. The economy could be more sensitive to greater currency appreciation, the Bank of Thailand said in minutes of the September 25 monetary policy committee meeting. This would be an “additional ...

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India policy makers’ worries about growth signal more rate cuts

Bloomberg India’s Monetary Policy Committee (MPC) was unanimous in its view that a deepening economic slowdown is worrying enough to keep interest rates low for longer, the minutes of its latest meeting show. The concern explains Governor Shaktikanta Das’s statement that the Reserve Bank of India (RBI) would keep its policy stance accommodative for as long as it is necessary ...

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UBS’ Singapore dealmaker set to join iSTOX

Bloomberg UBS Group AG’s Singapore investment banking chief Oi Yee Choo is set to join iSTOX, a trading platform backed by Temasek Holdings Pte. Choo will join iSTOX in January as its chief commercial officer and will help drive business growth by building its network of investors and issuers, according to a statement from the company, confirming an earlier Bloomberg ...

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