Thai c bank deputy says: 'Need breathing space'

In a recent interview, deputy governor Thirachai Phuvanatnaranubala of the Bank of Thailand said Thailand's recent restrictions on the foreign exchange market will only be temporary, until the domestic market is sufficiently developed to withstand the impact of speculative inflows. The BoT will continue to monitor the market and fend off hot money flows that could cause volatility in the baht, he added.

From, Dow Jones

The Bank of Thailand's recent restrictions in the foreign exchange market ar

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