lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates
lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates
effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
million, to hedge against exchange rate volatility for its investment in the Wind Power Plant project in the Philippines and the Geothermal Power Plant project in Indonesia. However, due to the appreciating
$/BBL, a decline of 1.51 $/BBL compared to 2018, due to pressures from the tense situation engendered by the trade war between the US and China causing the Gasoline demand to retract and further pressure
percent from the same period of last year affected by foreign exchange volatility during the Covid-19 pandemic in first quarter that lead to accumulated loss on exchange rate. 2. Cost of goods sold and
account, bond dealing, private repos and other investments. The Company’s DW business was significantly impacted by the extreme volatility of the Thai stock market during March 2020. The Company is a market
Baht volatility and international capital movements. Within this context, KBank has accentuated enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership
trade policies, especially pressure from a looming trade war between the US and China, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Other factors which may
from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements