Thailand 'underestimated' currency controls

Bank of Thailand governor Tarisa Watanagase has said the BoT underestimated the impact of its proposed currency controls on the stock market, which posted record losses recently.

"We anticipated a certain impact for the (stock) market. But we didn't expect it to be this much," central bank governor Tarisa Watanagase said in an interview with the Bangkok Post.

With the stock market losing 23 bln usd on the day, Finance Minister Pridiyathorn Devakula backtracked on the capital measures.

"The lesso

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