"Properly manage" baht says Thai finance minister

Thailand's finance minister directed the central bank to "properly manage" the baht, as the currency hit a ten-year high against the dollar.

"I have instructed the central bank to properly manage the baht's rise, following huge capital inflow to Thailand, especially through stock investments," Finance Minister Chalongphob Sussangkarn told journalists on 10 July, Forbes reports.

The sharp rise in the baht is unlikely to affect economic performance, he said, but added: "I don't want to see the

To continue reading...

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 indvidual account here: