Bank of Thailand prepares to counter rising baht

thai-money

The Bank of Thailand has approved a "framework for exchange rate management", as the central bank comes under increasing pressure from the government to take action against the rising value of the Thai baht.

The currency has been appreciating against the dollar for some time, rising 5% in the past year. In the last week however, the baht fell 1.4% on the expectation that the central bank will start to resist capital inflows.

At the Bank of Thailand's regular monthly macroeconomic briefing, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.