Does a rise in interest rates really cause a currency to strengthen?
Whenever a central bank of any country raises interest rates, a common follow-up question is whether that country’s currency will “strengthen.” Theoretically, the answer is yes—but in practice, it’s more complicated. We can’t say with 100% certainty that an interest rate hike will always result in a stronger currency. Why do higher interest rates tend […]
Keys to the Growth of the Future Digital Economy
In the era where digital technology has played a major role in the development of the global economy, the digital economy not only changes business patterns but also affects every aspect of daily life, from communication to transportation to finance. Shortly, there are significant trends to be watched to grow with these changes.
IMF estimates the Philippines-Vietnam economy will overtake Thailand in 4 years
Thailand’s economy is currently facing significant challenges as the International Monetary Fund (IMF) forecast indicates that Thailand may lose its No. 2 economic position to the Philippines and Vietnam over the next 4 years. These data raise awareness of the need to reform and improve Thailand’s economic structure to enhance competitiveness in the region.
