Thai fin min supporting BoT independence

Thailand's finance minister Chalongphob Sussangkarn said Thursday 15 March he had insisted during a meeting with Bank of Thailand governor Tarisa Watanagase that monetary policy shouldn't cause volatility in markets, but the BoT was not under pressure to revise its capital controls.

Tarisa told reporters in a joint press conference that both a 30% one-year withholding on many types of capital inflows and the option of fully-hedging investments in various markets to gain exemption from the with