Thai central bank intervenes again on baht

Bank of Thailand (BOT) has again intervened in the foreign exchange market to slow the baht's sharp rise against the dollar, the bank's governor Tarisa Watanagase said Monday 30 October.

"The Bank of Thailand wants to reaffirm that we will intervene only when needed, and at the moment the baht has stabilised," Tarisa told reporters.

She said capital inflows from the US, the main factor behind the baht's rise, has slowed down.

But she said the BoT will closely monitor the inflows due to fears o