Proposed BOT Bill will increase authority

Thailand's Finance Ministry is currently considering the drafts of the Bank of Thailand Bill and the Currency Bill. If implemented, the new rules will broaden the BOT's authority to manage international reserves.

MR Pridiyathorn Devakula, the BOT's governor, said recently that the increased authority was aimed at making the central bank's reserve management more efficient and up to date with new financial products in the global market. "This will also be in line with other central banks' reser

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