Report says BOT asks lenders to adjust FX

Bank of Thailand has asked some commercial banks in the country to adjust their foreign-exchange positions back to where they were at the end of last year in an effort to curb the baht's appreciation, the Wall Street Journal reported Wednesday 28 March.

As direct intervention in the foreign-exchange market has not substantially weakened the baht, the central bank is pursuing alternative measures, it said.

Bank of Thailand officials met with top bankers this week and asked them not to speculate

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